Article: Energy Power Purchase Agreements Specifies Upfront Guarantee Payments by Government of Pakistan Subject to Project Financing.

Bergamo E&A Corp a company organized in Pakistan a wholly owned subsidiary of Bergamo (Pink Sheets: BGMO) has entered into and has signed two Memorandum of Understandings for additional energy projects in Pakistan to further its entry into the energy field. Project one, a 455 MGW Coal Energy project, terms and conditions which have been approved by Government of Pakistan Ministry of Water & Power (PPIB) private power and infrastructure board Islamabad. Approval # 1(103) PPIB/08/PRJ. Subject to proof of available financial ability of 420 million US dollars cost of the project, advance guaranteed payment by the Government of Pakistan for 60 million US Dollars upon proof of ...

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