- EQTEC completes acquisition of waste-to-energy gasification plant in Croatia
- EQTEC says latest update is focused on ‘execution and progressive opportunities in our pipeline’
Quick facts: EQTEC PLC
Sustainable proprietary solutions for two of the world’s greatest challenges: managing rising levels of waste and meeting the growing demand for clean energy.
EQTEC is a clean technology company with proven, proprietary and patented technology for sustainable waste-to-value applications. EQTEC designs and supplies advanced gasification plans and has a higher efficiency product offering that it is modular and scalable from 1MW to 30MW. Commercial plants have been built and are operated using EQTEC’s technology. A key advantage is the versatility of the technology to process over 50 different types of feedstock, including municipal waste, agricultural waste, biomass and plastics. The company’s solutions produce a uniquely pure high-quality synthesis gas (syngas), that is capable of being used for the widest applications in the generation of clean energy, hydrogen and biofuels.
14 Sep 2021
() said it has completed the acquisition of a 1.2 MWe waste-to-energy gasification plant in Karlovac, Croatia.
The transaction was carried out through Synergy Projects, a joint venture between the gasification solutions company and its Croatian project development partner Sense ESC.
It was funded by a EUR1.2mln loan provided by EQTEC that will be converted into privately placed bonds to meet local corporate requirements.
Located in the Industrial Zone, Korana in Karlovac, the site contains a decommissioned plant that originally employed an early gasification technology from a third party.
07 Sep 2021
(), a global gasification solutions company, said an option to acquire a waste management project in Southport has been extended due to COVID-19 delays.
The waste-to-energy company announced last September that it had an exclusive option to take full ownership of the Southport Hybrid Energy Park project from a local company, Rotunda Group Ltd.
11 Aug 2021
() () said it has completed the acquisition of a 1.2 MWe waste-to-energy gasification plant in Belise, Croatia.
The deal was carried out through Synergy Projects, a joint venture between the gasification solutions company and its Croatian project development partner Sense ESCO.
19 Jul 2021
‘s () David Palumbo presents his latest trading update which he says is focused on ‘execution and progressive opportunities in our pipeline’.
The company’s revenue forecast of about EUR15mln (GBP12.9mln) for the year remains in line with forecasts previously announced.
Palumbo explains how the company is on target with their opportunities that are maturing and expects to see its first year of profitability in 2021.
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