Green Energy Renewable Solutions, Inc. announced that it has entered into a Letter of Intent to form a joint venture with Landfill Solutions, LLC of Puerto Rico, to remediate and manage the Yabucoa municipal landfill that has been closed since 2011. The remediation plan is designed to bring the landfill up to current operating standards and reopen the landfill for operations while developing recycling and waste conversion facilities. Under terms of the agreement, the joint venture ('The Venture Company') will provide immediate remediation of the Yabucoa landfill located on 50 acres in the southeastern tip of the island of Puerto Rico.

The initial phase of the project includes slope stabilization, construction of new road access and internal roadways, and leachate, run-off and flood control to bring the landfill site in compliance with regulatory standards of the Autoridad De Desperdicios Solidos, the environmental control authority in Puerto Rico. The Venture Company expects to begin work on the site immediately and estimates that the landfill will reopen within 120 to 180 days. Following completion of the remediation phase, plans include rapid development of a recycling facility and waste-to-energy conversion plant.

The ultimate goal is to divert all incoming Municipal Solid Waste for separation and processing to capture valuable recycle materials and convert the remainder to energy and fuels. The Company believes the planned operations will reduce the volume impact to landfill by 90% or more when fully operational.