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TransAct Energy Corp has signed a conditional purchase agreement for an 18.4 hectare, greenfield, industrial site located in the industrial zone of El Salto, Jalisco Mexico.
This site will now undergo technical reviews to assure its compatibility  including geotechnical, hydrogeological, seismic and environmental impact studies. The site was selected based on its perceived compliance with zero emissions waste optimization plant (ZEWOP) guidelines.

Subject to the land being approved for use and ownership, TransAct will pay approximately $10.5 million. The land is larger than required, the balance can be sub-divided off and resold.

“The Agreement marks a major milestone for TransAct. With the land now under contract, we can focus on moving forward with introducing the first ZEWOP to Mexico. Our next step will be to obtain the requisite permits and permissions,” said TransAct chief executive officer, Rod Bartlett.

Published in the January 2018 Edition