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INTERVIEW: EQTEC opportunity in the Waste to Energy sector

EQTEC plc (LON:EQT) CEO Ian Price talks to DirectorsTalk about the receipt of £1.5m. Ian explains the background to this, further funding routes and describes the drivers behind the opportunities in the Waste to Energy sector and the potential for EQTEC.

EQTEC’s business model involves sourcing and providing assistance in developing waste elimination projects to which it will ultimately sell its EQTEC Gasifier Technology (“EGT”) and O&M services. EGT enables project developers to construct waste elimination plants and recover electrical and thermal energy from the waste streams.

EQTEC plc sources projects that have a local supply of waste in need of elimination and conversion. It builds relationships and brings together the developers, the waste owners, the building contractors and funders. It then supplies the energy recovery technology and provides engineering services to the projects. Furthermore, EQTEC will provide O&M services to the operating projects generating recurring revenues over the life of the projects.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.