OAK BROOK, IL, Feb. 5 /CNW/ - Primary Energy Recycling Corporation (TSX: PRI) (the "Company") announces that Ms. Celia Cuthbertson retired from the Board of Directors, effective January 31, 2010. She has served on the Board since the Company's inception in 2005 and was Chair of its Governance Committee. The Company successfully completed its restructuring and recapitalization towards the end of 2009, and therefore Ms. Cuthbertson found this to be an opportune time for a transition. The Directors and Management thank Ms. Cuthbertson for her dedication, commitment and insights during her tenure on the Board and wish her well in her future endeavors.
The Board is searching for a replacement of Ms. Cuthbertson.
About Primary Energy Recycling Corporation
The Company owns a majority interest in Primary Energy. Primary Energy, headquartered in Oak Brook, Illinois, indirectly owns and operates four recycled energy projects and a 50 per cent interest in a pulverized coal facility (collectively, the "Projects"). The Projects have a combined electrical generating capacity of 283 megawatts and a combined steam generating capacity of 1.8 MMlbs/hour. Primary Energy creates value for its customers by capturing and recycling waste energy from industrial and electric generation processes and converting it into reliable and economical electricity and thermal energy for its customers' use. For more information, please see www.primaryenergyrecycling.com.
SOURCE Primary Energy Recycling Corporation
For further information: For further information: V. Michael Alverson, Chief Financial Officer, Primary Energy Recycling Corporation, (630) 230-1314, firstname.lastname@example.org