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Midwest Energy Emissions Corp (OTCQB:MEEC) has entered into a contract extension with a major utility in the northwest U.S regarding two substantial coal-power electric generating units.
Midwest Energy Emissions Corp (OTCQB:MEEC) has entered into a contract extension with a major utility in the northwest U.S regarding two substantial coal-power electric generating units.
As quoted in the press release:
ME2C previously entered into contract to provide mercury emissions control for these units beginning in 2011, and estimates that the three year contract extension will generate $3 million per year in revenues to ME2C when these units are mandated to comply with MATS regulations, starting in the second quarter of 2015.
Midwest Energy Emissions Corp CEO, R. Alan Kelley, said:
This contract extension serves as a very important business development for the company and our shareholders. We have valued our relationship with this customer highly, dating to 2011 when we first installed our technology to manage the plant’s compliance with its own state’s mercury emissions regulations. Over these three years, our solution has consistently and accurately performed, and this three-year contract extension through MATS, a major industry regulation, demonstrates our commitment to execution.
Click here to read the Midwest Energy Emissions Corp. (OTCQB:MEEC) press release
