Evergreen Energy Inc.(fka EVEIQ)

[Myyymannn]

Company Description
Contact Info
1225 17th Street

Suite 1300

Denver, CO 80202-5506

United States

Phone: [phone]

Fax: [phone]

www.evgenergy.com Evergreen Energy Inc. operates as a cleaner coal technology, energy production, and environmental solutions company focusing on developing its proprietary technologies. Segments The company’s segments include the GreenCert segment, the Plant segment, the Mining segment and the Technology segment. The GreenCert segment reflects activities related to the measurement of greenhouse gases and certification of environmental improvements, such as carbon credits. The Plant segment primarily represents operations related to its Fort Union plant near Gillette, Wyoming, which it suspended operations. The Mining segment primarily represents its mining operations of its subsidiary Buckeye, and includes certain marketing capabilities, such as an ash disposal facility and a coal preparation and blending facility. The Technology segment comprises other operations that use, apply, own or otherwise advance its proprietary patented K-Fuel process; and activities of KFx Technology, LLC, which holds the right to issue licenses of the K-Fuel technology. Technologies The company has developed two proprietary, patented, and potentially transformative green technologies: the GreenCert suite of software and services and K-Fuel. Its GreenCert technology is an environment intelligence solution that measures greenhouse gases (or GHG) and other environmental costs enabling customers to manage and report their environmental assets and liabilities. K-Fuel, its clean coal technology improves the performance of low-rank coals. GreenCert GreenCert is a software framework that is both generally applicable to various industries and customizable for client and industry specifics and has two environmental intelligence solution sets: Energy/Utilities and Agriculture. The GreenCert Energy Solutions suite offers three levels: reporting, analytics, and enterprise. GreenCert Reporting contains baseline emissions tracking, an interface for emissions data entry, and base level reporting and dashboard capability. GreenCert Analytics offers reporting plus forward modeling and analysis tools. GreenCert Enterprise contains the components of GreenCert Analytics with the additional capability of an enterprise SOA solution which automates the quantification and verification of emission reductions. GreenCert Agriculture offers the ability to scientifically quantify, on a per field basis, soil carbon sequestration and generate terrestrial emission reduction offsets. GreenCert greenhouse gas consulting services are available to conduct environmental and efficiency assessments, to quantify footprints, and to provide utility, agricultural, and environmental expertise. K-Fuel Through its proprietary K-Fuel process, the company intends to meet the specific needs of public utility, industrial and international customers by providing economical solutions for energy supply, energy efficiency, and compliance with environmental emission standards. Additional markets served by its K-Fuel process include mines looking to expand the market for their low rank coal by transforming it into a higher value fuel and chemical manufacturers using coal as a feedstock. The company’s K-Fuel process uses heat and pressure to physically and chemically transform high-moisture, low-Btu coals, such as sub-bituminous coal and lignite, into an energy dense, lower-emission fuel. Signiifcant Events In October 2010, Evergreen Energy, Inc. amended its equity joint venture contract with Beijing Gangjing Hongren Technology Ltd., to introduce a third party into the ownership structure of Evergreen-China Energy Technology Co. Ltd. History Evergreen Energy Inc. was founded in 1981.