28 Refined Coal facilities that qualify for Section 45 Tax Credits of $6.47 / ton (2012 rate) of coal burned for 9 years, ending December 31, 2021
Currently operating 8 facilities, 4 of which are leased to RC investors and operating at plants that have historically burned more than 11 MT/year in total. ADA receives between $1.50-$2.00/ton of pre-tax income after payments to JV partners.
In final stages of contracts with two RC investors for three facilities operating at plants that have historically burned 10 MT/year in total. Finalization of the contracts will also trigger more than $20M in prepayments.
New M-45-PCTM technology significantly expands addressable market for remaining 12 facilities.
I'm having trouble counting facilities. 8 operating, 3 in final stages, 12 with expanded market for M-45-pctm. That's 23 addressed here. Missing 5 ?
this is huge...I just hope that management can maintain the momentum