Refill Energy, Inc. Acquires International Green N-ergy and Commercial Downdraft Gasifier
February 22 2010 - 3:00AM
PR Newswire (US)
Refill Energy, Inc. (PINK SHEETS: REFG), a Nevada corporation based
in Salt Lake City, Utah, announced that it has completed the
acquisition of International Green N-ergy Corporation (IGNC) of
Salt Lake City, Utah. SALT LAKE CITY, Feb. 22
/PRNewswire-FirstCall/ -- Refill Energy, Inc., a Nevada corporation
based in Salt Lake City, Utah, announced that it has completed the
acquisition of International Green N-ergy Corporation (IGNC) of
Salt Lake City, Utah. As a result of the acquisition, Refill Energy
acquired IGNC's revolutionary Downdraft Gasification Module
fabricated by Petersen Inc. of Ogden Utah. "This is an important
milestone...one we have been looking forward to for years. With the
Gasifier and other components, we have turned the corner from
construction to operation," said Mit Ebeling, President of Refill
Energy Inc. "The level of detail, knowledge, and team work
exhibited throughout is unprecedented. Everyone has truly embraced
the design success." Refill Energy's patented Downdraft
Gasification technology provides significant advantages and is
capable of producing large volumes of clean, renewable, non-global
warming energy from the conversion of any carbon-based feedstock
either solid or liquid, such as municipal solid waste (MSW), coal,
sewage sludge, agriculture waste and carcasses to a flexible
combination of electricity, steam, ethanol, fuels, chemicals and
hydrogen. For each ton of Feedstock, the Refill Energy technologies
can produce approximately 1+ Megawatt Hours (MWH) of electricity,
or 100 Gallons (+/-) of useable fuels. This primary energy is
converted with greater efficiency and with less waste than current
methods. Refill Energy's unique Gasifier produces a clean Synthesis
gas (made up primarily of Hydrogen and Carbon Monoxide). The
Syn-Gas is able to be used in an Integrated Gasification Combined
Cycle (IGCC) to efficiently create electricity or be converted by a
Catalytic Slurry Cyclone Reactor licensed by the University of Utah
into liquid fuels (Dimethyl Ether, Ethanol, Gasoline, Jet Fuel or
Diesel Fuel). The Dimethyl Ether (DME) like Syn-gas is a building
block used in the chemical industry and can be converted to several
different products, depending on the catalyst used. Results are 100
% "Green" power, water and air emissions that are environmentally
safe. For further information please visit our website at
http://www.refillenergy.com/ "Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995. Statements in
this press release relating to plans, strategies, economic
performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated
due to a number of factors, which include, but are not limited to,
risk factors inherent in doing business. Forward-looking statements
may be identified by terms such as "may," "will," "should,"
"could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue,"
or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. The company has no
obligation to update these forward-looking statements. For more
information contact: Refill Energy Inc. Mit Ebeling 801-712-0056
DATASOURCE: Refill Energy, Inc. CONTACT: Refill Energy Inc., Mit
Ebeling, +1-801-712-0056, Web Site: http://www.refillenergy.com/
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