Atlantic Power & Infrastructure Corp. (OTCMKTS:AWSL): Flexi(R)-Pave installed in City of New Rochelle, NY
Certified installer of Atlantic Power & Infrastructure Corp. (OTCMKTS:AWSL), Tri-State Flexi-Pave Inc. has completed yet another high-profile installation in New Rochelle, NY, using Atlantic Power & Infrastructures’ proprietary Flexi-Pave.
Market Stats
On Wednesday, AWSL stock gained 1.4% to $0.0740 with 6k shares, compared to its average volume of 25k shares. The stock moved within a range of $0.0723 – 0.0740 after opening trading at $0.0740.
Flexi-Pave makes use of the natural, vulcanized strength of scrap tires, along with KBI’s proprietary technology and transforms recycled tire granules into proven, sustainable infrastructure construction products. It results in a porous and strong structural material that can be used for several infrastructure applications with demonstrated success. Applications include storm water management, water treatment and shoreline protection projects, including ship docks.
The City of New Rochelle, NY’s management for the restoration program of Beechmont Lake was presented with the multiple benefits of Flexi-Pave by Aquacleaner Environmental the General Contractor appointed to restore the lake and its surrounding areas. Other high-profile installations over the past year, by Atlantic Power & Infrastructure, using Flexi-Pave, have been in places such as UK’s H2 High Speed Rail, Utah’s Red Butte Gardens, Georgia Atlanta Belt Line, and more.
Jerry Davis, COO of Aquacleaner Environmental, stated that Flexi-Pave not only offers a unique combination of feel and texture that benefits walkers and runners, but it also provides excellent stormwater management and a durable long lasting beautiful trail spanning 9,500 square feet. The feedback from the park’s patrons has been amazing so far!
Traders Corner
AWSL stock is trading above the 20-Day and 50-Day Moving averages of $0.0665 and $0.0675 respectively. However, the stock is trading below the 200-Day moving average of $0.0807.
