Advanced Emissions Solutions Leases an Additional Refined Coal Facility
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Advanced Emissions Solutions said Tinuum Group, a joint venture among the company’s subsidiary ADA-ES has leased an additional Refined Coal (RC) facility to an existing RC investor. The RC facility is located at a coal plant that has historically burned approximately 2.0 million tons of coal per year. With this addition, Tinuum Group has 21 invested facilities in full-time operation.
“We are pleased to have completed the lease of an RC facility to an existing investor and proud to continue to help power utilities and investors achieve their emission reduction requirements and business goals. While the tonnage burned at this facility is lower than previous invested facilities, this invested facility helps offset reductions in coal burn that have occurred due to reductions in electricity demand,” said Greg Marken, interim CEO of ADES.
“Tinuum, with support from ADES and Tinuum’s other owners, is diligently focused on maximizing business results for the remainder of the refined coal tax credit period,” added Marken.
About Advanced Emissions Solutions
Advanced Emissions Solutions, Inc. serves as the holding entity for a family of companies that provide emissions solutions to customers in the power generation and other industries. ADA brings together ADA Carbon Solutions, LLC, a leading provider of powder activated carbon (PAC) and ADA-ES, the providers of ADA® M-Prove™ Technology. They provide products and services to control mercury and other contaminants at coal-fired power generators and other industrial companies. Its broad suite of complementary products control contaminants and help our customers meet their compliance objectives consistently and reliably. CarbPure Technologies, formed in 2015 provides high-quality PAC and granular activated carbon ideally suited for treatment of potable water and wastewater. Its affiliate company, ADA Carbon Solutions manufactures the products for CarbPure. Tinuum Group is a 42.5 percent owned joint venture by ADA that provides patented Refined Coal (RC) technologies to enhance combustion of and reduce emissions of NOx and mercury from coal-fired power plants.
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