ATLANTIC POWER & INFRASTR - AWSL STOCK NEWS

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.

Atlantic Power & Infrastructure Corp. (OTC PINK: AWSL) announced the successful installation of its Flexi®-Pave product in New Rochelle, NY. Tri-State Flexi-Pave, Inc. completed 9,500 sq. ft. of walking trails and a 1,250 sq. ft. vehicle pad. The project received positive feedback for its durability and stormwater management capabilities. Flexi®-Pave is made from recycled tires, offering sustainability and strength for various infrastructure applications. Recent installations include notable sites like Yellowstone National Park and the Atlanta Beltline, showcasing the product's versatility and appeal.

Atlantic Power & Infrastructure Corp. (OTC PINK:AWSL) reported impressive financial growth in 2021, with sales increasing by 55% to USD $3,619,901 and net income rising 498% to USD $224,152. Total assets surged by 378% to USD $3,537,995. The company highlighted successful installations of its Flexi®-Pave product across various high-profile projects and acquired a 54% stake in KB Industries UK Ltd. Additionally, AWSL is negotiating to acquire a tire recycling facility, enhancing its vertical integration in recycled tire granules for construction applications. Future updates are anticipated.

Atlantic Power & Infrastructure Corp. (OTC PINK: AWSL) announced the successful installation of its Flexi®-Pave product in the UK, utilizing 2,590 used tires for the HS2 high-speed train link project. This installation covers 970 sq meters and is recommended by the British Horse Society, meeting HS2's sustainability and longevity standards. The project is anticipated to save 56,978 kg of CO2 emissions. The success opens prospects for Flexi®-Pave in further high-profile projects.