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Company Information

 

Alternate Energy Holdings, Inc. (AEHI) is a unique corporation founded by former senior executives in the utility and finance industries specifically to address the mounting ‘energy crisis’ affecting the US economy and standard of living today. A key objective for AEHI is decreasing US dependence on foreign sources of power, which are progressively proving less reliable and more political in their influence. Another goal is to reduce energy costs to consumers by supplying low cost electricity; provide technology to construct buildings and homes without energy bills; improve grid reliability with large base load plants; and create much-needed jobs.

 

AEHI’s primary initiative is construction of a proposed nuclear power plant in Payette County, Idaho. AEHI will be at the forefront of this opportunity as the first publicly traded independent nuclear generating company in the U.S. and will easily outperform large nuclear and fossil type utilities with their inherent bureaucracy.

 

AEHI additionally seeks small green energy companies for acquisition and the creation of new ones. By providing superior management and networking skills to expand their markets, AEHI assists acquisitions with growth and development. The company will continue to look for opportunities for expansion through the purchase of additional sources of eco-efficient power. Through the ownership of existing power generation sources, AEHI will assist in expediting the regulatory approval for its construction of new energy sources, including joint ventures to produce reactors and nuclear components as well as other energy sources.

 

Company Leadership

  

 

J. Peter Honeysett, President

 

Pete Honeysett started his experience in the nuclear industry over 30 years ago with Florida Power and Light at their St. Lucie Nuclear Power Plant in Jensen Beach, Florida. Three years after joining the company he earned his Reactor Operator license completing extensive training and passing rigorous examinations through the stringent Nuclear Regulatory Commission (NRC) process. He later achieved distinction by earning his Senior Reactor Operator license. As a senior licensed operator he has been involved in all aspect of nuclear plant operations throughout his career including the responsibility of overseeing the operations of the two nuclear reactors at St. Lucie.


Honeysett was involved in the initial fueling and startup of the St. Lucie Unit 2 reactor. His duties at the nuclear facility included daily reactor operations, reactor refueling and start-up testing, operations training both in the classroom and simulator, procedure development and implementation, daily and refueling outage work control, plant maintenance activities and scheduling. During the course of plant operations he closely interfaced with Senior Management, Federal Regulators, Engineering, Licensing, Radiation Protection, Chemistry, Maintenance and the Plant Security departments.


Additionally he was instrumental in developing and implementing the formal reactivity management program at St. Lucie. The program has been instrumental in defining and providing guidance to other departments as to their responsibility concerning reactivity management and awareness during their day to day activities.


Honeysett was certified by the Institute of Nuclear Power Operations (INPO) in both the classroom and simulator for the development and training of reactor operators. As both an instructor and evaluator of current/future operators his methods are based on based industry practices, current operating philosophy, human performance/error reduction techniques, procedural compliance, reactor safety and accident mitigation. Recognized for his knowledge and experience he has participated with INPO Inspection Teams to evaluate and assist practical operation methodologies of other U.S. reactor sites.


In 2011, he joined Alternate Energy Holdings, Inc. as the Director of Nuclear Projects with the primary responsibility of coordinating and directing activities associated with the nuclear power plant development project in Payette, Idaho and other projects as they relate to nuclear energy. He provides leadership and guidance on assigned projects including; project initiation, project controls, planning, execution and coordination to obtain a federal license from the Nuclear Regulatory Commission to construct and operate the Payette nuclear facility. 

 

Rick Bucci, CFO

 

A Certified Public Accountant and former CFO, has served as Chief Financial Officer of AEHI since September 2007. Mr. Bucci has practiced accounting and tax for 20 years; his diverse background includes hotels, construction, real estate development and banking. Additionally, he has served previously as CFO of two corporations. His experience includes tax planning and preparation, audit services, financial statement preparation and presentation, bank financing and various consulting engagements. Also, Mr. Bucci is a Certified Public Accountant licensed to practice public accounting in New York State.

 

Ken Strahm, Sr., Chairman

 

A past President of the nuclear industry watchdog organization INPO, has served on the Board of AEHI since inception. Prior to his retirement, Mr. Strahm was employed by the Institute of Nuclear Power Operations (INPO) in Atlanta, Georgia, where he served as the Director of the National Academy for Nuclear Training and later as President of the Institute.

 

Dr. Glenda Baskin Glover, Director

 

Dr. Glover serves as the Dean of the College of Business at Jackson State University in Jackson. Mississippi. She holds a Ph.D. in business and economics and is one of few African American women to hold the economics Ph.D. - CPA - JD combination in the nation.

 

Her notable employment history includes the Chair of the Department of Accounting at Howard University, Senior Vice President and Chief Financial Officer of an engineering firm, Tax Manager at Potomac Electric Power Company, and accountant with Arthur Andersen & Company. Glover is licensed to practice law, known as an economic development specialist, regarded as one of the nation's experts on corporate governance, empowerment zones, and is highly sought political strategist. She has provided economic insight to key educational, political, and community issues for major national organizations.

 

Dr. Glover has served on numerous corporate and national boards such as The Student Loan Corporation - a subsidiary of Citigroup, The Lenox Group, Regions Bank of Mississippi, the Harvard Business School Management Alliance, Board of Examiners for the American Institute of Certified Public Accountants, the MetroJackson Chamber of Commerce, and Chairperson of the Jackson Municipal Airport Authority Board of Commissioners. Other affiliations include the National Bar Association, NAACP, The Links, Inc., and Alpha Kappa Alpha Sorority.

 

Rear Admiral Michael T. Coyle (Ret), Director


RADM Michael T. Coyle (Ret) had a 33-year career as a United States Naval Officer, achieving the rank of Rear Admiral.  He also has extensive experience in operations, engineering and maintenance of nuclear and conventional power systems.  Coyle has maintained executive positions at Hanford Waste Treatment Plant, Exelon Nuclear, Nuclear Energy Institute (NEI) and Nuclear Management Company (NMC), just to name a few.  He has 11 years as a senior manager and executive in commercial nuclear power and nearly 3 years as a Department of Energy (DOE) contractor.

 

Investing In The Company

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How to Invest
Please call AEHI at 208-939-9311 or
e-mail invest@aehipower.com for additional information. 

 

Stock Transfer Company:
Interwest Transfer Company, Inc.
On the web

 

SEC Attorney:
Snell & Wilmer
Tel. 714.427.7402
On the web

 

CARE Principle

 

The AEHI CARE Principle

 

Clean
Abundant
Reliable
Economical

 

The AEHI CARE Principle is the foundation for our company and the definition of how a company can and must grow profits and help people at the same time. CARE stands for Clean Affordable Reliable Economical energy and water.

 

AEHI understands that energy and water are the basic building blocks of life. AEHI recognizes that only by making these resources abundant and affordable can all people grow from a standard of living to a quality of life. That is why AEHI created the CARE Principle. The CARE principle is elegant in its simplicity and serves as what we call the energy consumer’s Bill of Rights.
 

Clean – A clean environment to live and grow in is a basic right. With modern technology it is possible to produce energy and water that are not only clean but also clean up the environment at the same time. AEHI will invest in no technologies that are not clean and/or do not make their host environments cleaner than they were before AEHI commenced operations in them.


Abundant – The ability to have sufficient quantities of energy and water on demand being necessary for consistent health, safety, and economic growth, AEHI will invest in no technologies that will result in the rationing of energy or water or the production of inadequate quantities of energy and/or water.


Reliable – The dependable and reliable production of energy and water is not a luxury, it is a basic need. AEHI will make no investments in energy and/or water technologies and/or systems that have not already proven themselves to be reliable, dependable, and rugged in any environment.


Economical – The ability to contribute to growing this world’s economy while simultaneously making the world we live in cleaner and healthier should not be reserved for the affluent and the influential. All people deserve the right to purchase energy and water that not only improves their lives, but also improves the lives of others. Therefore, AEHI will make no investments in energy and/or water technologies that are not affordable to everyday, common energy and water consumers.
 

Most companies have Mission Statements, at AEHI we have principles.
 

 

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