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MEEC

Midwest Energy Emissions

$0.00 /

+ (+0.00%)

08:49
12/01/20
12/01
08:49
12/01/20
08:49

Midwest Energy Emissions, AEP sign agreement for non-exclusive license

Midwest Energy Emissions Corp. announced the signing of an agreement with AEP Generation Resources, Inc., Southwestern Electric Power Co., and AEP Texas to provide AEP a non-exclusive license to certain ME2C patents for use in connection with AEP's coal-fired power plants. Such patents licensed to AEP relate to ME2C's two-part Sorbent Enhancement Additive process for mercury removal from coal-fired power plants. As a result of the agreement being announced, ME2C has agreed to dismiss all claims brought against AEP in the patent litigation initiated by ME2C, and AEP has agreed to withdraw from petitions for Inter Partes Review which had been filed with the United States Patent and Trademark Office pertaining to such patents. These proceedings will continue with respect to the other parties involved.

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