Thursday 16 June 2016

TILLMAN GREEN LLC AND GLOBAL TOWER SOLUTIONS TO INVEST $500 MILLION IN JOINT VENTURE TO BUILD TELECOM INFRASTRUCTURE IN EMERGING MARKETS

Tillman GTS to Leverage Renewable Energy and Battery Storage Solutions in Diesel Displacement Market
 
NEW YORK & LONDON, June 14 (Bernama-BUSINESS WIRE) -- Tillman Green, LLC ("Tillman") and Global Tower Solutions ("GTS") announced the formation of Tillman GTS, a global joint venture that will redefine how power is consumed by the telecom tower industry. The new enterprise unites Tillman's experience building telecom infrastructure businesses in emerging and developed markets with GTS' experience with renewable energy.

Tillman GTS plans to invest $500m over the next three years by providing capital to the mobile telecom tower market. Its efforts will focus on diesel displacement market by leveraging its renewable energy and battery storage solutions. This will help to reduce operating expenditure, cut carbon emissions and provide guaranteed fixed price reliable energy across the world. Tillman GTS has a financing solution that allows for large programme energy as a service delivery. It is exploring opportunities in Europe, Latin America, Africa and Asia.

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