Alter NRG Corp. Executes a USD$21 Million Agreement for the Sale of a Plasma Gasifier

Alter NRG Corp. Executes a USD$21 Million Agreement for the Sale of a Plasma 
CALGARY, Nov. 8, 2013 /CNW/ - Alter NRG Corp. ("Alter NRG" or the "Company") 
is pleased to announce that it has signed an agreement with Air Products and 
Chemicals Inc. ("Air Products") to provide a Westinghouse Plasma Gasification 
Solution for $USD21 million. Air Products confirmed its intention to proceed 
with a second plasma gasification facility (the "Project") during its recent 
fourth quarter earnings call held on October 29, 2013 and its location would 
be adjacent to Air Products first project, the Tees Valley 1 Renewable Energy 
Facility in Northeast England. 
The Company began its relationship with Air Products in January 2009 when it 
signed a Joint Development Agreement that provided to Air Products five site 
licenses and access to the Westinghouse Plasma Technology. Subsequently, Air 
Products developed the Tees Valley Renewable Energy Facility in Northeast 
England that is expected to process 950 tonnes per day of household waste and 
convert it into 50 MegaWatts of renewable electricity. Alter NRG received 
the purchase order for the first project in December 2011 and has now 
delivered all of the plasma gasification equipment. The first Tees Valley 
project is in late stages of construction, and Air Products has begun the 
procurement phase on the second Tees Valley Project which is approximately the 
same size and configuration. Based on information released by Air Products, 
the total spending on the two combined projects is over $800 million. 
Alter NRG and its wholly owned subsidiary Westinghouse Plasma Corp. will 
provide gasifier equipment, related control, instrumentation, and engineering 
services for a fixed price of approximately USD$21 million. Alter NRG 
expects to realize the majority of the revenue within fifteen months. As part 
of the agreement, Alter NRG expects to receive a down payment within 15 days 
and further milestone payments will be received as fabrication progresses. 
Walter Howard, Chief Executive Officer of Alter NRG states that "having an 
industry-leading company like Air Products commencing construction of a second 
facility utilizing our Model G65 gasifier solution is a significant commercial 
milestone. This illustrates Air Products' confidence with and commitment to 
the Westinghouse Plasma Technology and is encouraging to our other customers 
worldwide. We look forward to supporting Air Products as they continue to 
expand their plasma gasification energy from waste business." 
Alter NRG provides alternative energy solutions to meet the growing demand for 
environmentally responsible and economically viable energy in world markets. 
Alter NRG's primary objective is to further commercialize the Westinghouse 
Plasma Gasification Technology, through its wholly owned subsidiary, to 
provide renewable and clean energy solutions from a wide variety of 
feedstocks, and provide a wide variety of energy outputs - including liquid 
fuels like ethanol and diesel, electrical power, and syngas. 
The Toronto Stock Exchange does not accept responsibility for the adequacy or 
accuracy of this release. 
Advisory Respecting Forward-Looking Statements:
This news release contains certain "forward-looking information and 
statements" within the meaning of applicable securities laws. The use of any 
of the words "expect", "anticipate", "continue", "estimate", "objective", 
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends", 
"confident", "might" and similar expressions are intended to identify 
forward-looking information or statements. In particular, this new release 
contains forward looking statements pertaining to the commissioning of Tees 
Valley 1; the expected starting of Tees Valley 2; the recognition of revenue 
by Alter NRG and payments made by Air Products; and the expected size of the 
Tees Valley 1 and 2 projects.. Various assumptions were used in drawing the 
conclusions or making the projections contained in the forward-looking 
statements throughout this news release. 
The forward-looking information and statements included in this news release 
are not guarantees of future performance and should not be unduly relied upon. 
Forward-looking statements reflect management's current beliefs and 
assumptions, based on information currently available to management. A number 
of factors could cause actual results to differ materially from the results 
discussed in the forward-looking statements, many of which are beyond the 
control of the Company. Among the material factors that could cause actual 
results to differ materially from those indicated by such forward-looking 
statements are: that the information is of a preliminary nature and may be 
subject to further adjustment; unforeseen environmental effects; failure of 
the proposed project to proceed to completion, arrangements with key 
suppliers; failure of the customer's board to approve full funding; the 
cancellation of the agreement at any time by the customer; potential product 
liability and other claims; risks associated with the proprietary technology; 
closing on grants and incentive's; changes in government regulation, including 
changes to environmental regulations; and fluctuations in currency exchange 
rates and interest rates, as well as those factors discussed in or referred to 
under the heading "Risk Factors" in the Company's Annual Information Form 
dated March 27, 2013 available at Such information and 
statements involve known and unknown risks, uncertainties and other factors 
that may cause actual results or events to differ materially from those 
anticipated in such forward-looking information or statements. 
The Company cautions that the foregoing list of assumptions, risks and 
uncertainties is not exhaustive. The forward-looking information and 
statements contained in this news release speak only as of the date of this 
news release, and the Company assumes no obligation to publicly update or 
revise them to reflect new events or circumstances, except as may be required 
pursuant to applicable securities laws.

SOURCE  Alter NRG Corp. 
Walter Howard, Chief Executive Officer 
Daniel Hay, Chief Financial Officer 
(403) 214-4235 
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CO: Alter NRG Corp.
ST: Alberta
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