M&I Electric Secures Contract Award for Landfill Gas Project

American Electric Technologies, Inc. (NASDAQ:AETI), a leading provider of power delivery solutions for the global energy industry, announced today that its M&I Electric business has recently been selected to provide a turnkey power delivery solution for a land fill gas reclamation project in the United States. 

M&I will provide a turnkey power delivery solution including a M&I Power Distribution Center with Medium Voltage Switchgear, Medium Voltage Motor Controllers, Low Voltage MCC, transformers and other ancillary power distribution equipment.

The High BTU landfill gas project is being deployed at a regional recycling and disposal facility in the Midwest United States that provides safe and convenient disposal services for communities, businesses and industries serving.  Instead of the Land Fill Gas (LFG) being disposed of and wasted via flaring, it will be transported via a pipeline and beneficially sold to an external party.

“We are pleased to have been selected for this important Land Fill Gas project with a leading international independent provider of comprehensive energy efficiency and renewable energy solutions," said Charles Dauber, President and CEO, AETI. "This project exemplifies our mission of Empowering EnergyTM and continues to show our progress in delivering customized, turnkey solutions for challenging energy industry project.”

M&I expects delivery of this project to occur in the first quarter of 2017. Additional details were not disclosed.

About AETI:

American Electric Technologies, Inc. (NASDAQ:AETI) is a leading supplier of power delivery solutions for the global energy industry. AETI offers M&I Electric™ power distribution and control products, electrical services, and E&I construction services. AETI is headquartered in Houston and has global operations in Beaumont, Texas; and Rio de Janeiro and Macae, Brazil. In addition, AETI has minority interests in two joint ventures, which have facilities located in Xian, China and Singapore. AETI’s SEC filings, news and product/service information are available at www.aeti.com.

Contact:
Bill Brod
Chief Financial Officer
713-644-8182