Business
Alter NRG reports second quarter 2014 activities and financial results and schedules second quarter results conference call for August 11, 2014
TSX - NRG OTCQX - ANRGF CALGARY , Aug. 7, 2014 /CNW/ - (TSX - NRG; OTCQX - ANRGF) ...
About this update from Pinnacle Silver And Gold Corp
[{"type":"text","content":"\n\nTSX - NRGOTCQX - ANRGF\n\n\n\nCALGARY, Aug. 7, 2014 /CNW/ - (TSX - NRG; OTCQX - ANRGF) - Alter NRG Corp., (\"Alter NRG\" or the \"Company\") is pleased to report on its corporate activities and financial results for the three and six months ended June 30, 2014. Walter Howard, CEO of Alter NRG, will host a conference call on Monday, August 11th at 11:00 AM ET (9AM MT) to discuss second quarter financial results.\n\nThe conference call will include a brief presentation about Alter NRG's second quarter and then a question and answer period with management.\n\nInvestors can access the call by dialing toll free 866-530-1554 or 416-849-1847 and reference conference ID 8700807.   \n\nThe live call can also be accessed through Alter NRG Investor Relations section of its website at http://www.alternrg.com.  A replay of the call will also become available on the AlterNRG website following the live call.\n\nManagement will accept questions by telephone during the live call and e-mail. Individuals can email questions in advance or during the conference call to [email protected].\n\nQ2 HIGHLIGHTS\n\n\nSales of $8.1 million which is an increase of 86% over the same period of the prior year. This revenue increase reflects the maturing business plan of the Westinghouse Plasma Technology. Currently there are five separate facilities being constructed or commissioned with over $1 billion of total capital spending with the Westinghouse Plasma Solution as the core enabling technology. The Westinghouse Plasma Technology continues to be the market leader in terms of reference facilities and commercial experience in next- generation waste-to-energy solutions.\nSupported commissioning efforts at the first Tees Valley project being developed by Air Products, a Fortune 500 Company, which is completing final construction and has begun commissioning of the facility. Air Products expects the first plant to be in start-up phase in late 2014 and go into commercial operation in 2015. Once operational, the facility will generate 49MW of electricity from non- recyclable waste and produce enough reliable, controllable and renewable electricity to power up to 50,000 homes.\nContinued fabrication and execution on a US$21 million purchase order for Air Products for a second facility in Tees Valley, England. The second facility is on adjacent l...