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EQTEC signs framework agreement with California-based Phoenix Biomass Energy

EQTEC Plc's (LON:EQT) Ian Price adds some detail to the agreement announced today with California-based firm Phoenix Biomass Energy to develop biomass gasification power plants in the US.

The companies have already identified five projects in the US.

EQTEC will provide its proprietary gasifier technology, together with technical design and engineering for the power plants.

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Price: 0.51 GBX

AIM:EQT
Market: AIM
Market Cap: £35.03 m
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