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Share Price: 1.65

Bid: 1.60

Ask: 1.70

Change: -0.23 (-12.23%)

Spread: 0.10 (6.25%)

Open: 1.80

High: 1.90

Low: 1.65

Prev. Close: 1.88

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IN BRIEF: Eqtec receives planning permission, selects FEED contractor

Mon, 18th Jul 2022 16:05

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Secures revised planning consent for phase 1 waste recycling and anaerobic digestion facility, at Southport Hybrid Energy Park project. The project is developed with its partner Rotunda Group Ltd, and its subsidiary Shankley Biogas Ltd. Anaergia Inc will provide engineering, procurement and construction services for phase 1, as well as operations and maintenance.

Separately, notes that it has selected Petrofac Ltd as its front-end engineering design contractor for its waste-to-energy project at Haverton Hill, Billingham, Teesside. The pair have signed a letter of intent, and have not set a formal state date for the FEED. Eqtec plans to apportion Haverton into multiple, special-purpose vehicles, to enable different funding options and flexibility.

Current stock price: 0.45 pence, down 6.3% on Monday

12-month change: down 59%

By Elizabeth Winter; elizabethwinter@alliancenews.com

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18 Jul 2022 10:26

Eqtec inks deal with Petrofac for Billingham project

(Sharecast News) - Hydrogen, biofuels, SNG and energy production technology company Eqtec has selected Petrofac as its front-end engineering design (FEED) contractor for its multi-technology, waste-to-energy project at Haverton Hill, Billingham, Teesside, it announced on Monday.

14 Jul 2022 12:54

IN BRIEF: Eqtec raises GBP4 million to fund projects

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Raises GBP3.8 million in placing of 233.4 million new shares, subscription of 73.6 million PrimaryBid shares, and 443.0 million subscription shares, each at a price of 0.5 pence each. Proceeds will be used to maintain momentum with existing projects and potentially help pursue other projects. Currently has five plants under construction, with two approaching commissioning and commercial operations from 2022, with nearly 20 other projects under development.

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13 Jul 2022 19:32

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7 Jul 2022 19:29

IN BRIEF: EQTEC to work with CompactGTL on waste-to-fuel projects

EQTEC PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Signs collaboration framework agreement with modular, gas-to-liquids company CompactGTL, under which both companies will work on the design, development, construction and operations on waste-to-fuel projects and other infrastructure projects.

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24 Jun 2022 12:15

IN BRIEF: Eqtec signs deal with Anaergia to build waste-to-energy plant

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Signs deal with Anaergia Inc for the construction and operation of a multi-technology, waste-to-energy facility at Southport Hybrid Energy park in Merseyside, UK. The company says the plant will accept 80,000 tonnes of pre-processed municipal solid waste annually. It will both recover organics produce refused-derived fuel and an Anaergia anaerobic digestion facility, which is designed to convert the recovered organics into six million cubic metres of biomethane every year, to be injected into the national gas transmission system.

24 Jun 2022 11:56

Eqtec signs Anaergia on to Southport energy development

(Sharecast News) - Hydrogen and biofuels technology developer Eqtec announced on Friday that, through its wholly-owned subsidiary, Southport WTV and its partner Rotunda Group and Rotunda's subsidiary Shankley Biogas, the special-purpose vehicle has entered into a cooperation agreement with Anaergia.

21 Jun 2022 22:13

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21 Jun 2022 14:52

Eqtec agrees proposed joint venture funding with Optima Bank

(Sharecast News) - Hydrogen and biofuels-focussed technology developer Eqtec announced the receipt and acceptance of non-binding heads of terms with Optima Bank for a debt facility on Tuesday, to support the construction of a 1MWe waste-to-energy project at Livadia, in Boeotia, Greece.

30 May 2022 17:35

IN BRIEF: Eqtec rises on University of Lorraine study finding

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Notes that the Universite de Lorraine has released a report verifying that the company's Advanced Gasification Technology successfully converts contaminated plastic waste into synthesis gas cleanly, stably and efficiently. Report was compiled by UoL following a series of successful tests on contaminated plastics undertaken in December 2021 at Eqtec's technology innovation facility in France.

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IN BRIEF: Eqtec receives planning permission, selects FEED contractor

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