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Re: None

Tuesday, 08/11/2015 7:11:58 AM

Tuesday, August 11, 2015 7:11:58 AM

Post# of 7000
From 10Q ...8/7/15

On August 4, 2015 the St. Lucie County Commissioners approved the contract and its revisions with G3P to build a $175 Million Renewable Energy Facility on the St. Lucie County, Florida landfill using the G3P Gasification Technology. The contract was executed on August 7, 2015. The contract provides for a 20 year waste stream of 1,000 tons per day of municipal solid waste, construction and demolition waste, green waste and tires. The facility will convert the waste into approximately 80,000 gallons per day of low sulfur synthetic diesel fuel. Vanderweil Engineers and G3P have completed the Site Plan and are putting together the necessary documentation for permit applications. There can be no assurance that G3P will successfully fund the $175 Million facility.