Advanced Emissions Solutions completes acquisition of ADA Carbon Solutions
Published by Nicholas Woodroof,
Editor
World Coal,
Carbon Solutions and ADES produce Powdered Activated Carbon solutions for the coal-fired power plant, industrial and potable water markets.
Further on 7 December 2018, the company and Apollo Credit Strategies Master Fund Ltd and Apollo A-N Credit Fund (Delaware) L.P. executed the US$70 million Term Loan and Security Agreement, which provides funding for this acquisition.
L. Heath Sampson, President and CEO of ADES, commented: "We are thrilled to complete this acquisition of Carbon Solutions and take the next step toward diversifying our emissions control offerings, expanding our customer base and broadening the markets we serve. We strongly believe this is the right transaction, at the right price and time, to drive near-term and long-term growth and value for our shareholders.”
Read the article online at: https://www.worldcoal.com/power/14122018/advanced-emissions-solutions-completes-acquisition-of-ada-carbon-solutions/
You might also like
Przyjazn Coking Plant launches state-of-the-art coke oven battery
On 12 May the ceremonial firing up of the ceramic block of the newly-built Coke Oven Battery No. 4 took place at the Przyjazn Coking Plant owned by JSW KOKS SA.