Atlantic Pwr & Infrastructure - AWSL STOCK NEWS

Atlantic Power & Infrastructure Corp. (OTC PINK:AWSL) has commenced the installation of Flexi®-Pave on Fremont Street, Las Vegas, enhancing its appeal for visitors and residents. The installation aims to improve safety and aesthetics while managing tree root growth, preventing sidewalk hazards. CEO Kevin Bagnall noted increasing demand from government facilities due to positive recommendations and benefits like reduced maintenance costs. Flexi®-Pave is an eco-friendly paving solution made from recycled tire material, with applications in various infrastructure projects.

Atlantic Power and Infrastructure Corp. (OTC PINK:AWSL) has secured two new contracts for its proprietary Flexi^®-Pave installation in Key West, Florida. This innovative product, made from recycled tires, has been installed across more than 50,000 sq. ft. in the area over the past 14 years. The new projects aim to enhance sidewalks and support tree growth, further saving costs on maintenance and potential litigation from trip hazards. CEO Kevin Bagnall emphasized Flexi^®-Pave's environmental benefits and aesthetic appeal.

Atlantic Power and Infrastructure Corp. (OTC PINK: AWSL) has successfully installed 4,680 square feet of its proprietary Flexi®-Pave at the Hillsborough County Sheriff's office in Tampa Bay, Florida. This project aims to enhance pedestrian areas while reducing maintenance costs. CEO Kevin Bagnall noted an increase in government referrals for Flexi®-Pave, highlighting its benefits such as visual appeal and environmental sustainability. Flexi®-Pave utilizes recycled tire materials for durable infrastructure solutions, proving effective in various applications from stormwater management to shoreline protection.

Atlantic Power and Infrastructure Corp. (AWSL) reported a remarkable 135% increase in revenues year-over-year for Q2 2022, totaling $2.1 million, up from $0.9 million in Q2 2021 and 39% higher than the $1.5 million in Q1 2022. The company achieved profits of $0.3 million, driven by operating profits of $0.4 million. For the first six months of 2022, revenues reached $3.5 million, compared to $1.1 million in the same period last year. The significant growth is attributed to the acquisition of K.B. Industries, contributing notably to the total revenues.

Atlantic Power & Infrastructure Corp. (AWSL) announces rising demand for its Flexi-Tile, an eco-friendly solution designed to mitigate stormwater runoff pollution. As cities recognize the environmental benefits, more regulations are emerging, encouraging developers to utilize this product. The company reports sales of over 20,000 tiles and anticipates significant market growth ahead. CEO Kevin Bagnall emphasizes the product's dual benefit of environmental protection and potential land value increase. Flexi-Tile, part of the innovative Flexi-Pave technology, supports sustainable infrastructure development.

Atlantic Power and Infrastructure Corp. (OTC PINK: AWSL) has successfully completed the installation of its proprietary Flexi®-Pave at Bridgeport's Seaside Park, enhancing a 1,380 ft jogging track. This environmentally friendly technology, derived from recycled tires, aims to improve drainage and reduce maintenance costs. The new surface is designed to withstand flooding and salt corrosion, crucial for the coastal location. The project utilized nearly 13,800 square feet of Flexi®-Pave, recycling over 4,500 used tires, marking a significant step in sustainable infrastructure development.

Atlantic Power & Infrastructure Corp. (OTC PINK:AWSL) reports strong Q1 2022 financial results, showcasing impressive year-over-year growth. Sales reached $1,479,855, a remarkable 623% increase from Q1 2021's $237,267. The company also recorded a net profit of $188,588 compared to a net loss of $(142,442) in the previous year.

President & CEO Kevin Bagnall emphasized the robust demand for their Flexi®-Pave product as a contributing factor to this growth. For more details, visit the company's financial report on OTC Markets.

Atlantic Power and Infrastructure's subsidiary, KB Industries, reported success with its Flexi^®-Drain technology in Tampa's Eleta Street Entertainment District, installed in February 2020. Following significant flooding issues, this environmentally friendly solution has drastically improved drainage without the need for disruptive construction. As of May 2022, inspections confirm optimal performance, allowing over 3,000 gallons per square foot per hour of water to pass through. Notably, the Flexi^®-Drain system also helps filter stormwater, removing up to 86% of pollutants.