Canadian companies to build solid waste generation plants in Mongolia and China
CALGARY - Maple Leaf Reforestation Inc. (TSXV:MPE) announced Monday that it entered into a joint venture with CF Lacey & Associates to build and run solid waste power generation plants in Mongolia and China.
Calgary-based Maple Leaf will receive an operator's fee of US$50,000 per month while CF Lacey & Associates will act as technical developer and receive US$15,000 per month.
The length of the agreement was not released.
Victoria-based Lacey will spend US$300,000 to cover startup costs, and up to US$60 million to fund construction.
Calgary-based Maple Leaf will receive an operator's fee of US$50,000 per month while CF Lacey & Associates will act as technical developer and receive US$15,000 per month.
The length of the agreement was not released.
Victoria-based Lacey will spend US$300,000 to cover startup costs, and up to US$60 million to fund construction.
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