Eco Material Technologies announced a collaboration with Alabama Power, a subsidiary of Southern Company, to harvest millions of tons of stored ash from Plant Barry, a coal- and natural gas-fired electrical generation facility in Bucks, Alabama. This project is the third such harvesting plant with Southern Company, following Plants Bowen and Branch in Georgia. Under the agreement, Eco Material will harvest more than 700,000 tons of stored ash per year from the plant. The effort will remove and beneficially use millions of tons of ash over the term of the agreement.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SO:
- Southern Company price target raised to $75 from $65 at Evercore ISI
- Duke Energy upgraded to Outperform from In Line at Evercore ISI
- Southern Company announces quarterly dividend
- Southern Company price target lowered to $67 from $68 at Barclays
- Southern Company upgraded to Outperform from Market Perform at BMO Capital