Atlantic Power & Infrastructure Corp. (OTC:AWSL) Stock In Focus After News
Atlantic Power & Infrastructure Corp. (OTC:AWSL) is best known for its Flexi-Pave construction material product, and on Wednesday it made a major new announcement regarding that. The company, along with its fully owned subsidiary KB Industries Inc. and KB Industries Ltd., its United Kingdom unit, announced the completion of its biggest Flexi-Pave installation in the United Kingdom.
The installation spanned an area of as much as 130000 square feet inside The Water of Leith Conservation Trust, located in Edinburgh. It was also revealed that the project had also attracted positive feedback from the community following its completion.
The Flexi-Pave product had been chosen by the City of Edinburg Council due to its versatility and since it catered to the needs of diverse groups like cyclists and walkers. In the news release, Atlantic Power stated that the newly installed surface was ideal for cycling, wheeling, and walking, which was in alignment with the council’s aim of providing accessible public spaces to as many people as possible. A major role in the installation had been played by The Water of Leith Conservation Trust, which focused on the preservation of the river of the same name, its wildlife, and its heritage.
The funding for the whole operation had been provided by the charity Sustrans, involved in the promotion of active transportation. Finally, the operation was executed by the Edinburgh and Lothians Greenspace Trust on behalf of the council. The Chief Executive Officer and Chairman of Atlantic Power & Infrastructure, Kevin Bagnall, spoke about the project yesterday.
He noted that he was proud of the success enjoyed by Flexi-Pave, a technology that Bagnall had developed more than twenty years ago. He went on to state that he took particular pride in the praise that Flexi-Pave installations received not only from its clients but also from the ultimate users as well.
