TYLER, Texas,
The contract calls for the owner, HalMar International (
The generator package includes two 2.5MW Baylor AC generators, along with
the associated engines and ancillary equipment. The generators were
retrofitted from diesel to be able to burn low calorific value gas, such as
methane. This was completed by Siemens in
Genco plans to capitalize on favorable regulatory, political and economic climates to provide a Green Power Processing Facility aimed at electrical power generation and agricultural effluent-recycling. The Company's vision is to be one of the premier Green Power generators operating from renewable sources and upholding good environmental policy while providing an essential service to consumers.
Management projects cumulative earnings before interest, depreciation and
taxes (EBITDA) to total
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations. As statements regarding future events concern management's estimates of future results of operations, and as these estimates are based on many elements beyond management's control, differences from these estimates may be material.
CONTACT INFORMATION Corporate Contact: Robert Hardy President 903-581-2040 ROBERT@GENCOCORP.COM www.gencocorp.com
SOURCE Genco Corporation