HOUSTON, Nov. 28, 2016 -- American Electric Technologies, Inc. (NASDAQ:AETI), a leading provider of power delivery solutions for the global energy industry, announced today that its M&I Electric business has recently been selected to provide a turnkey power delivery solution for a land fill gas reclamation project in the United States.
M&I will provide a turnkey power delivery solution including a M&I Power Distribution Center with Medium Voltage Switchgear, Medium Voltage Motor Controllers, Low Voltage MCC, transformers and other ancillary power distribution equipment.
The High BTU landfill gas project is being deployed at a regional recycling and disposal facility in the Midwest United States that provides safe and convenient disposal services for communities, businesses and industries serving. Instead of the Land Fill Gas (LFG) being disposed of and wasted via flaring, it will be transported via a pipeline and beneficially sold to an external party.
“We are pleased to have been selected for this important Land Fill Gas project with a leading international independent provider of comprehensive energy efficiency and renewable energy solutions," said Charles Dauber, President and CEO, AETI. "This project exemplifies our mission of Empowering EnergyTM and continues to show our progress in delivering customized, turnkey solutions for challenging energy industry project.”
M&I expects delivery of this project to occur in the first quarter of 2017. Additional details were not disclosed.
About AETI:
American Electric Technologies, Inc. (NASDAQ:AETI) is a leading supplier of power delivery solutions for the global energy industry. AETI offers M&I Electric™ power distribution and control products, electrical services, and E&I construction services. AETI is headquartered in Houston and has global operations in Beaumont, Texas; and Rio de Janeiro and Macae, Brazil. In addition, AETI has minority interests in two joint ventures, which have facilities located in Xian, China and Singapore. AETI’s SEC filings, news and product/service information are available at www.aeti.com.
Contact: Bill Brod Chief Financial Officer 713-644-8182


Anghami Stock Soars After Strong H1 2025 Results, Revenue Nearly Doubles on OSN+ Integration
Lloyds Banking Group to Close Invoice Factoring Business by End of 2025
Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China, Boosting Access to Wegovy and Mounjaro
Vanda Pharmaceuticals Wins FDA Approval for New Motion Sickness Drug After Four Decades
BP’s Castrol Stake Sale Raises Debt Relief Hopes but Sparks Cash Flow Concerns
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China as Competition Intensifies
Citigroup to Exit Russia With Sale of AO Citibank to Renaissance Capital
Hyundai Faces Deadline on Russia Plant Buyback Amid Ukraine War and Sanctions
Star Entertainment Leadership Shake-Up Deepens as CFO and COO Exit Amid Ongoing Restructuring
Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch
China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power
Nike Stock Rises After CEO Elliott Hill Buys $1 Million in Shares
Meta Acquires AI Startup Manus to Expand Advanced AI Capabilities Across Platforms
ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China
Boeing Secures Multi-Billion Dollar Defense Contracts for F-15IA Jets and E-4B Aircraft Support
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel 



