Company surfing on a green wave
Advanced Emissions Solutions, Inc. (NASDAQ:ADES), incorporated in 2011, provides environmental solutions to customers in coal-fired power generation, municipal water and other industries primarily through emissions and water purification control technologies. ADES holds equity interests of 42.50% and 50.00% in Tinuum Group, LLC ("Tinuum Group") and Tinuum Services, LLC ("Tinuum Services"), respectively, which significantly impacts their financial position. In December last year they purchased for $75.0 million 100% interests of ADA Carbon Solutions, LLC, to enter into the broader activated carbon market and to expand the company's product