Forbes Energy has developed a new model for producing renewable, sustainable fuel and electrical energy. As one of the world’s most innovative energy companies, Forbes Energy is building a zero-environmental impact, global energy facility by leveraging the power of ethanol derived from sugarcane.
Through Forbes’ international reach and ability to market-make, the company will deliver low-cost, high value bio-fuels to the burgeoning U.S. and world market. In addition, Forbes, via its subsidiary Forbes Energy Dominicana, will immediately be a major fuel and electrical energy supplier to the Dominican Republic.
Forbes Energy realizes a tremendous competitive price advantage through its strategic location and ability to perform within the requirements of both the CAFTA-DR (Central American Free Trade Act) and the CBI (Caribbean Basin Initiative). The efficiency of sugar cane based ethanol and these two international agreements allow Forbes Energy to import its ethanol at a very competitive price not subject to the existing US tariff on imported ethanol.
In a U.S. market with explosive and ever increasing demands for ethanol, Forbes Energy was formed in 2003 to open the door to the previously untapped supply of Caribbean sugarcane ethanol for use by the American consumer.
Forbes Energy is a Rhode Island limited liability corporation with a subsidiary in the Dominican Republic (“D.R.”). The DR Company, Forbes Energy Dominicana S.A. was organized in April of 2006 and has offices in Santo Domingo, where the Company operations are centered.
Forbes Energy fosters an environmentally and socially sound culture which generates competitive energy solutions based on renewable resources, and thus will become an important player in both domestic and international markets, in the middle and long-term.
