IRVINE, Calif., Feb. 14, 2013 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc., (OTCMarkets:UBRG), a publicly traded independent diversified energy company, announced today that its subsidiary NDR Energy Group's new Electric Power Division is now fully operational and is preparing to start marketing electric power. On February 12, 2013, the Company announced NDR Energy received final approval for its "Power Marketing License" from the Federal Energy Regulatory Commission (FERC). With that approval NDR Energy could begin selling electric power immediately. Universal Bioenergy, forecasts that the sales of electricity is projected to generate an estimated $96 to $384 million in additional revenue for the Company.
Universal Bioenergy - NDR Energy Announces New Electric Power Division To Begin Sales Of Electric Power
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