KGRA Energy Secures $1.95M Commitment From State of Louisiana for Development of Large Scale Waste Heat Recovery System

Grant Will Help Fund a 10MW ORC Project in Central Louisiana

Aug 02, 2011, 10:25 ET from KGRA Energy, LP

LAKE FOREST, Ill., Aug. 2, 2011 /PRNewswire/ -- Today, KGRA Energy, LP, a premier U.S.-based developer of waste heat recovery power generation projects, announced that it has received a $1.95M commitment from the State of Louisiana Department of Natural Resources toward the installation of a large scale waste heat recovery system in central Louisiana. The grant, provided by the EmPower Louisiana Renewable Energy Grant Program, will contribute to the development of a 10MW organic Rankine cycle (ORC) project that will recover waste heat and convert it into useable CO2-free electricity at a newsprint and linerboard mill. The installation is slated to break ground in Q1 of 2012.

"KGRA Energy is delighted to have received this funding from the Louisiana Department of Natural Resources and we commend Governor Jindal for his commitment to promoting clean energy programs," said Carter Brown, KGRA chief financial officer. "The installation planned in Louisiana will not only reduce emissions, but will create local jobs throughout its construction and implementation."

KGRA Energy's systems use ORC to recover waste heat from viable sources, such as combustion engine exhausts, furnaces, boilers, and kilns, converting it into usable CO2-free electricity. The ORC process uses organic, environmentally benign, refrigerants that are able to produce electricity from lower-temperature heat sources and in water-restricted environments. The technology lowers energy costs as well as heat pollution. KGRA, a client company of the Houston Technology Center, is an independent project developer, customizing each project for the direct needs and specifications of the individual customer.

About KGRA Energy, LP

KGRA Energy, LP is a premier developer of customized renewable energy power generation projects.  The company manages the design, construction and installation of organic Rankine cycle waste heat recovery systems that create CO2-free renewable energy for business and utility clients.  KGRA's systems are modular and scalable and produce power from waste heat sources deemed unsuitable for traditional cogeneration.  KGRA enables pulp and paper, lumber, refinery, cement, power plant and midstream gas transmission clients to convert waste heat to usable electricity, reduce energy costs, lower carbon footprints and create a sustainable future. Visit www.kgraenergy.com for more information.  KGRA Energy, LP is a Client Company of the Houston Technology Center.

Contact:     Katie Christopher
                 P: 202.974.5084 / C: 302.690.0355
                 christopherk@ruderfinn.com

SOURCE KGRA Energy, LP



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