Brief: BioHiTech Enters Letter Of Intent To Increase Stake In Resource Recovery Facility

Renovare Environmental

16/08/2018 13:45

Aug 16 (Reuters) - BioHiTech Global Inc  BHTG.O :
    * BIOHITECH GLOBAL IN LETTER OF INTENT TO INCREASE ITS STAKE
IN
THE NATION'S FIRST HEBIOT RESOURCE RECOVERY FACILITY
    * BIOHITECH GLOBAL INC - MARTINSBURG WEST VIRGINIA FACILITY
IS
EXPECTED TO GENERATE OVER $7 MILLION IN REVENUE IN 2019
    * BIOHITECH GLOBAL INC - APPLE VALLEY WASTE HAS CONTRACTED
TO
PROVIDE MSW FEED STOCK FOR TEN YEARS
    * BIOHITECH GLOBAL INC - LOI CONTEMPLATES BIOHITECH
ACQUIRING UP
TO AN ADDITIONAL 30% STAKE IN MARTINSBURG FACILITY FROM ENTSORGA
USA
    * BIOHITECH - ADDITIONAL 30% STAKE IN MARTINSBURG FACILITY
IN
EXCHANGE FOR NUMBER OF SHARES OF CO'S COMMON STOCK TO BE
DETERMINED IN DEFINITIVE DEAL

Source text for Eikon:  ID:nPn5NrkDMa 
Further company coverage:  BHTG.O 

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