Active Energy Group PLC - renewable energy and forestry management firm - Slapped with notice of violation by North Carolina Department of Environmental Quality. Active Energy says it installed additional control devices to help boost emissions reductions at Lumberton CoalSwitch plant. "The additions were notified by the company to NCDEQ, who acknowledge the additions as improvements to the plant's construction, however any modifications require an amendment to the company's existing air quality permit. The company's representatives in North Carolina have already submitted a permit modification application and are in communication with the NCDEQ," Active Energy says. Company says has "ceased" construction of these control devices.
Current stock price: 0.67 pence, down 8.5% on Friday
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By Eric Cunha; ericcunha@alliancenews.com
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Active Energy (AEG)