PennWell Acquires Sustainable Energy and Technology Magazines

PennWell Corp. acquired three magazines associated with the sustainable energy and technology magazine group from James & James (Science Publishers) Ltd. based in London. They include “Renewable Energy World,” “Cogeneration and On-Site Power Production” and “Waste Management World.”

“‘Renewable Energy World’ will provide a powerful combination with PennWell’s Power-Gen Renewable Energy & Fuels Conference & Exhibition, our annual trade show for the rapidly growing renewable energy industry,” said Robert F. Biolchini, PennWell president and CEO. This year’s Power-Gen Renewable Energy & Fuels is currently under way in Las Vegas, Nevada (April 10-12, 2006). All three bimonthly magazines and their related annual business guides will remain in London under the management of David McConnell, Publishing Director, who joins PennWell as Group Publisher of the three titles. The magazines’ Editorial Director Jackie Jones also joins PennWell. “We are committed to all facets of energy, to include power and oil and gas, the world’s most critical industries,” said Biolchini, “and view these three unique magazines as the foundation for building PennWell’s international sustainable energy and technology presence in areas of increasing importance to our customers and energy producers around the globe.” Financial terms of the sale were not disclosed.
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