Primary Energy Recycling to Participate in TSX Market Open As Part of the
Cleantech 10™ Launch
OAK BROOK, IL, Nov. 16 /CNW/ - Primary Energy Recycling Corporation (TSX: PRI), a clean energy company that generates revenue from capturing and recycling recoverable heat and byproduct fuels from industrial processes, announced today that it will participate in the Toronto Stock Exchange (TSX) market open on November 17, 2010, as part of the Cleantech 10 launch.
The Cleantech 10 is an index of public and private technology-driven growth companies that have significant impacts on resource efficiency and the environment. The list was compiled by Corporate Knights Inc. and Cleantech Group LLC, a leading provider of cleantech indices and information globally. Corporate Knights Magazine, a prominent corporate social responsibility publication, published the Cleantech 10 list in its October, 2010 issue.
The magazine states that the index is comprised of "Canada's best publicly and privately held companies" in the cleantech sector. Additionally, according to the publication, since the Cleantech 10's inception in 2007, it has outperformed the S&P/TSX Composite by 23 per cent.
"It's an honour to be part of the index, and to participate in the market open at the TSX," said John Prunkl, Chief Executive of Primary Energy Recycling. "We have made a concerted effort to raise the Company's profile in 2010 and we are pleased that our energy recycling technology is being recognized by thought leaders in the cleantech industry."
About Primary Energy Recycling Corporation
Primary Energy Recycling Corporation owns a majority interest in Primary Energy Recycling Holdings LLC ("PERH"). PERH, headquartered in Oak Brook, Illinois, indirectly owns and operates four recycled energy projects and a 50 per cent interest in a pulverized coal facility (collectively, the "Projects"). The Projects have a combined electrical generating capacity of 283 megawatts and a combined steam generating capacity of 1.8M lbs/hour. PERH creates value for its customers by recycling recoverable heat and byproduct fuels from industrial and electric generation processes and converting it into reliable and economical electricity and thermal energy for resale back to its customers. For more information, please see www.primaryenergyrecycling.com.
For further information:
Chief Financial Officer Mike Alverson (630) 230.1314 [email protected] |
Media and Investor Relations Adam Peeler 416.815.0700 ext. 225 [email protected] |
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