Primary Energy Recycling Corp. (TSX: PRI) signed a new 10-year agreement between Cokenergy and its site host.
The contract, which will be in place through September 30, 2023 will provide upgrades to the 95-MW facility.
As a part of the agreement, Cokenergy expects to complete the approximately $40 million facility upgrade, that began in 2010, by the end of 2015. The original completion date was scheduled for 2018 but has been accelerated to increase reliability and efficiency of the plant.
Major upgrades include retubing all 16 boilers, updating the facility’s control system and optimizing the flue gas scrubbing system.