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ICRI's ALL Energy Signs Letter of Intent to Acquire Privately Held ACE Ethanol and FuelCell Energy Completes Sale of 2.4 MW Power Plant to South Korea's Leading Independent Power Producer, POSCO Power
Wednesday, March 07, 2007 12:31 PM



U.S. Equity News Provides Alternative Energy industry news alert. ICrystal, Inc. (Other OTC: ICRI), a Johnston, Iowa-based ethanol company that is to acquire privately held ALL Energy Company, today announced that ALL Energy had signed a letter of intent to acquire ACE Ethanol, LLC, the operator of a 30 million gallon (per year) nameplate ethanol production facility in Stanley, WI, with 2006 production of approximately 43 million gallons. The anticipated all-cash acquisition is subject to the approval of the ACE Ethanol members and negotiation of the definitive acquisition agreement. Management expects that this process will take approximately 45 days to complete.

FuelCell Energy, Inc. (Nasdaq: FCEL), a leading manufacturer of power plants using a variety of fuels, including renewable biogas, for commercial and industrial customers, today announced its Korean alliance partner, POSCO Power, has purchased a multi-megawatt power plant for installation at a site in South Korea to be announced later this month. Global Partners LP (NYSE: GLP) today announced that it will release its fourth-quarter and year-end 2006 financial results before the market opens on Thursday, March 15, 2007 and host a conference call that morning for investors and analysts.

Ultralife Batteries, Inc. (NASDAQ: ULBI) will be presenting at the 4th Annual Homeland Security Conference hosted by the New York Society of Security Analysts on March 13, 2007 in New York City. Ultralife Batteries management is scheduled to make a presentation at 9:30 AM ET. A live audio webcast and replay will be available in the Investor Info - Event Calendar section of the company's website, http://investor.ultralifebatteries.com.

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(Source: iStockAnalyst )


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