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Atlan International Holdings Corp., a global development, marketing, sales and acquisition company, has entered a long-term strategic alliance with Pacific Seaboard Ltd. to develop renewable energy projects. Pacific Seaboard is holder of certain rights and intellectual properties related to renewable energy solutions, including solar, wind, biofuel, combined heat and power, and geothermal energy technologies.

Atlan says it will make alternative energy its core business, according to a previously developed and adjusted business plan. Subsidiaries not related to the alternative energy initiative will be sold or spun off.

"We are simply following in the footsteps of industrial giants, such as GE, ExxonMobil, BP, Shell, Sharp, Siemens and others who have made significant investments in wind, solar, bio-fuel and hydrogen alternatives," says Henry Val, CEO of Atlan.

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