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ADA-ES, Inc. (ADES) has signed an activated carbon (AC) agreement with Luminant, a Dallas-based, competitive power-generation business, to supply treated AC to reduce mercury emissions at Luminant's coal-fueled generating plants.
The contract begins in early 2009 and runs through December 2014. Early supply of AC will be provided by ADA's Interim Supply program until mid-2010, when ADA's new AC manufacturing facility is expected to commence operation. The confirmed minimum volumes will result in total revenues for the term of the contract in excess of $125 million. The contract also provides two option periods when Luminant could increase AC quantities, which could result in significant additional revenues.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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