Atlantic Pwr & Infrastructure Stock Price, News & Analysis

Atlantic Power and Infrastructure Corp. (OTC PINK: AWSL) has successfully installed 33,000 feet of its proprietary KBI Flexi®-Pave at Atlanta's Beltline Walkway and Bicycle Park. This installation enhances the path's width by 2 feet on each side, improving stormwater management and reducing erosion. KBI Flexi®-Pave allows over 3,000 gallons of water to pass through per square foot per hour and promotes better water quality. Additionally, it utilized 11,000 recycled tires, demonstrating the company’s commitment to sustainability.

Atlantic Power and Infrastructure Corp (OTC PINK:AWSL) has appointed Thomas F. Alfredo to its Board of Directors, enhancing its leadership team. Recognized for his expertise in landscape design and successful projects with high-profile clients, Alfredo has a long-standing association with KBI's Flexi®-Pave, integrating it into many of his projects since 2006. His extensive experience spans consulting for major corporations and contributing to charitable foundations. CEO Kevin Bagnall highlights Alfredo's potential as a valuable asset, emphasizing the alignment with the company's sustainable technology goals.

Atlantic Power and Infrastructure Corp (OTC PINK:AWSL) recently introduced its innovative Flexi®-Twall (Patent Applied) technology, presented by CEO Kevin Bagnall at a workshop in California. Developed in collaboration with Intertek Building & Construction, this solution aims to transform industry standards for retaining walls and embankments. The Flexi®-Twall has been certified to effectively stabilize slopes, replace traditional retaining systems, and significantly reduce costs associated with repairs and maintenance, promising a sustainable future in construction.

Atlantic Power and Infrastructure Corp. (OTC PINK:AWSL) has acquired a controlling interest in K.B. Industries UK Ltd, known for its Flexi-Pave technology. Based in South Yorkshire, K.B. Industries has shown steady sales growth, reporting £2,700,000 (USD$3,700,000) in 2020. The acquisition involves issuing 10,800,000 shares to K.B. Industries shareholders, aiming to enhance product offerings and international market reach. This strategic move is expected to drive revenue growth by integrating additional technologies under the API umbrella.

Atlantic Power and Infrastructure Corp. (OTC PINK: AWSL) announces that Bridgeport, CT has chosen its proprietary Flexi®-Pave for the 'Seaside Park Band Shell' outdoor pavilion. The city aims to improve the 1380-foot jogging loop while reducing ongoing maintenance costs associated with traditional materials. Flexi®-Pave offers a durability and permeability that supports flood resistance and long-term sustainability. The project will recycle over 4,500 used tires and enhance the area for recreational use, benefiting both the community and the environment.

Atlantic Power and Infrastructure (OTC PINK:AWSL) announced that its Flexi-Pave technology was presented at the South Carolina Public Works Association's Virtual Summer Conference. K.B. Industries, a subsidiary, showcased the benefits of Flexi-Pave, which is recognized for its performance and sustainability in various public works applications. The presentation led to an increase in new business for K.B. Industries' Scrap Tire Construction Products division, reflecting growing acceptance of environmentally friendly infrastructure solutions. CEO Kevin Bagnall emphasized the importance of this success.

Atlantic Power and Infrastructure's subsidiary KBI has secured a significant contract with Utah's Red Butte Garden to install Flexi-Pave for the Six Bridges Trail. This environmentally friendly product aims to address issues of standing water and reduce maintenance costs. Red Butte Garden's extensive research affirmed the product's suitability in their unique setting, highlighting its porous nature, use of recycled materials, and ADA compliance. The project marks a notable expansion for KBI in the botanical sector and enhances its portfolio of high-profile installations.