CWT has two operating subsidiaries – Renewable Energy Solutions and TDP, which includes the Carthage facility where more than $60 million was invested in the construction and operation of a refinery for the production of renewable diesels, a waste water treatment plant, real estate and buildings.
Ridgeline has, through its wholly owned USA subsidiary, become the sole limited partner of CWT.
The operating plant is set on just over six rail served acres outside Carthage, Missouri. It has capacity to process over 150 million gallons of waste water annually.
Commenting on the acquisition, Ridgeline CEO Dennis M. Danzik said the company has now completed two significant acquisitions – Santa Fe Springs facility and the new Missouri facility.
"Our Missouri plant is a world class facility that completes the Company’s transition into a fully integrated waste water business. Our existing Ridgeline technologies for waste water treatment and the production of the resulting effluent into diesel equivalent fuel is now proven. These two assets are expected to continue to grow revenues and profitability," Danzik added.
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