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Advanced Emissions Solutions, Inc. Message Board

  • md841 md841 Feb 28, 2013 5:41 PM Flag

    Didn't think they would get it closed.


    From earlier press release - Under the terms of the proposed RC contracts, once the RC sale transaction is completed, ADA expects that the RC facility will immediately begin generating approximately $14 million a year in revenue, thus creating an improvement in cash flow of about $24 million per year. The RC sale contracts provide for an upfront cash payment of greater than $20 million (including amounts that will be paid only upon issuance by the IRS of a private letter ruling (PLR) relating to the transaction).

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