Dynamis Energy and Planova Sign Agreement to Construct Waste-to-Energy Plants in Brazil

News provided by

Oct 11, 2011, 06:35 ET

EAGLE, Idaho, Oct. 11, 2011 /PRNewswire/ -- Dynamis Energy (www.dynamisenergy.com) and Planova (www.planova.com.br) today launched a partnership to pursue opportunities in South America's growing waste management market. Under the agreement, the companies will work together to build and manage Waste-to-Energy facilities in Brazil, Argentina and Peru.

(Logo: http://photos.prnewswire.com/prnh/20110323/SF70656LOGO)

C. Lloyd Mahaffey, Chairman and CEO of Dynamis Energy said, "Planova's position in the market offers us both a substantial opportunity for growth. At every level of business and government, Brazil has set ambitious goals for creating a waste management infrastructure that balances economic and environmental needs. We look forward to making Waste-to-Energy facilities a significant part of that infrastructure."

Dynamis Energy's 3.0 Waste-to-Energy Technology is a state of the art patent pending modular system with the ability to process a wide spectrum of waste streams, uses very little fuel per cycle, and process waste in a very efficient manner, while maintaining very low emissions. These attributes were key factors in the selection of Dynamis technology by Planova.

Chairman of Planova Holding, Mr. Sergio Macedo Facchini said, "Today we begin a new venture to meet Brazil's environmental, energy, and waste management needs. Dynamis Energy brings years of operational and technology expertise in Waste-to-Energy to this joint venture. Combined with Planova's leading market position and strong local knowledge, it's a union of complementary strengths that will support Brazil's growing economy with world-class waste management systems."

About Dynamis Energy, LLC

Dynamis Energy is a leading provider of Advanced Thermal 3.0 Technology used to recycle municipal and other solid wastes to provide sustainable economic and environmental benefits. Dynamis Energy is based in Eagle, Idaho and designs, builds, owns and operates fixed and mobile Waste-to-Energy plants. Dynamis Energy currently has projects underway in North America, South America, the Caribbean, and Europe.

www.dynamisenergy.com

About Planova

Planova, founded in 1975 is based in Sao Paulo, is engaged in works of engineering, procurement, construction and industrial assembly construction with the quality level that meets the needs and expectations of its client segments in oil and gas, petrochemical, power generation, steel, pulp and paper, metallurgy, sugar and alcohol production, processing and recycling.

www.planova.com.br

SOURCE Dynamis Energy, LLC