This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TransAct Energy Initiates Permitting For Scotland Plant

SAN ANTONIO, Texas, April 19, 2013 /PRNewswire/ -- TransAct Energy Corp. (OTCQB: TEGY) announced today it has initiated the permitting/permissions process for the development of its Scotland based 500 tonne per day Energy from Waste plant. The process to secure a Part A permit under section 5.5 of the Pollution Prevention and Control ( Scotland) Regulations 2012 Applications namely "Production of fuel from Waste" is underway. The permissions required from the municipal authority with jurisdiction over the plant, West Lothian Council, will be sought at the same time.  

TransAct is working to obtain transmission licenses for the natural gas and electricity produced as part of our permitting process. Part A permits do not allow the use of the fuel produced at the 500 tonne per day plant. With transmission licenses in hand TransAct is able to enter into long-term off-take agreements for the 320 thousand liters of LNG and 80 MW per day of electricity with local utilities.

"Upon completing several engineering tasks for European operations we will file our permits and permissions applications," says Rod Bartlett, President and CEO of TransAct Energy Corp. "We look forward to working with the Scottish Environment Protection Agency and the West Lothian Council to bring the future of waste management to this community."

About TransAct Energy Corp.

TransAct Energy Corp. is a Nevada organized company trading on the OTCQB as TEGY. Their business is the development, production, management and conservation of energy through sustainable projects. TransAct's focus is emissions free energy produced from carbonaceous waste.  

Visit TransAct's website www.transactenergycorp.com, follow them on twitter transactenergycorp@transactenergyc and contact them for more information about TransAct Energy.  

Media Inquires: ROD BARTLETT, President CEO info@transactenergycorp.com 210-888-0785

Safe Harbor This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov . All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.

SOURCE TransAct Energy Corp.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,103.70 -59.29 -0.33%
S&P 500 2,115.00 -8.48 -0.40%
NASDAQ 5,089.3010 -17.2920 -0.34%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs