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“KGET” Subsidiary GREEN DAY TECHNOLOGIES ( GDT Tek) continues to target acquisitions, mergers and strategic alliances
GDT Tek’s acquisition drive will focus on the domestic US market but it will also evaluate opportunities in Europe and Asia.
GDT Tek is already in negotiations with multiple undisclosed US-based RDF and waste-to-heat companies concerning possible acquisitions,according to GDT TEK Executive Vice President Maxine Pierson
GDT Tek buys include RTR Global Investments, a Florida-based waste heat company that held a long-term power purchase agreement with Pacific Gas and Electric Company.
GDT Tek, which itself operates waste-heat-to-electricity systems under power contracts, will continue to pursue acquisitions in the waste heat field. Green Day Technologies is also keen to establish project partnerships with public and government entities. It operates a no-sort landfill, which is very appealing to municipalities as it cuts down on manpower and reduces the burden of surplus poor-quality waste.
About 90% of the refuse from the site is recycled into RDF pellets, which GDT Tek manufactures and sells domestically and abroad, and the residual waste is sold to companies in the glass and plastics industries.There is also an ash residue that, after the pellets are produced, can be utilised in the cement sector
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KGET Subsidiary Green Day Technologies see a variety of sectors to which they can present their products.”
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