DENVER, CO--(Marketwired - Mar 19, 2015) - Vista International Technologies, Inc. (
Vista plans to use the proceeds from the sale to pay off the majority of the Company's debt, and to devote considerable resources to the Company's Waste-to-Energy projects currently under development. CEO Tim Ruddy sees the deal as well-timed. "With our pilot project almost operational, the proceeds from this sale will come at an opportune time to accelerate the development of our current project pipeline, and should lead to significantly faster growth in our Waste-to-Energy business going forward."
Vista International Technologies, Inc. has been producing Waste-to-Energy gasification systems for over twenty years, with installations across three continents. The Company's technology has low costs of installation and operation, and allows for the processing of virtually any hydrocarbon-based waste product, including municipal solid waste, waste tires, sewage waste, and biomass, among others. The company's Waste-to-Energy systems are emission friendly and extremely efficient, and can be used to produce heat, steam, and/or electricity.
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