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Advanced Emissions Solutions Announces Additional Refined Coal Facility Closure with Third-Party Investor

Advanced Emissions Solutions, Inc (ADES)  More Company Research Source: GlobeNewswire
Last advanced emissions solutions, inc earnings: 11/6 04:45 pm Check Earnings Report
PDF Increases to 19 total invested Refined Coal facilities HIGHLANDS RANCH, Colo., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the "Company" or "ADES") today announced that Tinuum Group, LLC ("Tinuum Group"), a joint venture among the Company's subsidiary ADA-ES, Inc., an affiliate of NexGen Resources Corporation, and an affiliate of The Goldman Sachs Group, Inc., has completed a transaction for an additional Refined Coal ("RC") facility.  The RC facility is located at a coal plant that has historically burned in excess of 3.0 million tons of coal per year and is royalty bearing to ADES.  With this addition, Tinuum Group has 19 invested facilities in full-time operation. L. Heath Sampson, President and CEO of ADES, commented, “We continue to be pleased with the cadence of ongoing discussions with both existing and potential tax equity investors, as evidenced by this most recent closure. The progression of these talks also reaffirms the steps t [Read more]

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