Bitech Technologies Executes a Binding LOA with Bridgelink for a Business Combination to Develop 5.8 GW of Utility Power for BESS and Solar Projects including Pre-Negotiated Financing and Key Resources Procurement

Newport Beach, CA, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [OTCQB: BTTC], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is pleased to announce a binding Letter of Agreement (LOA) for a business combination with Bridgelink Development, LLC ("Bridgelink" or “BLD”), a leading solar and energy storage development company based in Fort Worth, Texas, together with the successful pre-negotiated financing of a significant investment amount toward a total 5.8 GW pipeline of utility power, procurement of key resources, and the establishment of a joint venture with an undisclosed larger infrastructure group.

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