Thursday, Free Energy International Inc. (FFX.V) said Free Energy and EnEco Industries Inc. have agreed to establish a joint venture in connection with the proposed financing, design, construction and operation of a municipal gasifier and biomass waste facility in Prescott Valley, Arizona.
The facility will apply the Free Energy Technology and EnEco Technology to the processing of up to 200 tons per day of municipal solid waste to produce energy for sale into the Arizona power grid. Free Energy is negotiating financing, a waste supply contract and land purchase agreements.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.