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Ener-Core Test Facility Could Lead to Power Technology Sale to Dresser-Rand/Pacific Ethanol

Ener-Core Incorporated plans to sell a technology license to Dresser-Rand Group

Released Friday, April 17, 2015

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Researched by Industrial Info Resources (Sugar Land, Texas)--Ener-Core Incorporated (Irvine, California) recently issued a progress report on its plan to sell two Power Oxidizers to Dresser-Rand Group (NYSE:DRC) (Houston, Texas) to help power Pacific Ethanol's fuel ethanol plant in Stockton, California.

In late March, Ener-Core received notification from Dresser-Rand that conditionally affirmed the $2.1 million purchase. The Power Oxidizers would be used for Pacific Ethanol's (NASDAQ:PEIX) (Sacramento, California) fuel ethanol project in Stockton, California. Dresser-Rand is on a short list of prospective turnkey contractors for the Pacific Ethanol project.

Ener-Core expects to complete construction of a multi-fuel test facility (MFTF) in Irvine by June, with plans to generate power from a wide variety of low-quality waste gases that a fit across a wide assortment of industries.

Dresser-Rand has indicated to Ener-Core that its Power Oxidizer purchase depends on the success of a sub scale acceptance test (SSAT), which is scheduled to be conducted in June.

Upon the successful completion of the tests and purchase from Ener-Core, a full-scale system would be installed at the Pacific Ethanol plant in the fall. Two Ener-Core Power Oxidizers would be coupled with two Dresser-Rand KG2-3GEF gas turbine generators that will generate 3.5-megawatt of on-site power.

The estimated $12 million project is expected to be fully operational by the fall of 2016.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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