03:51 PM EST - Alter NRG Corp. : announced that it has signed an exclusive license agreement with Alliance Federated Energy for all feedstocks in the States of Illinois, Wisconsin and Indiana and hazardous waste for the continental U.S. for approximately $11.4 million U.S.. This includes, and is conditional upon, the receipt by an agreed date of an initial non-refundable payment of $1.4 million followed by annual license payments until 2015. The term of this agreement runs through 2022. Alter NRG owns the Westinghouse Plasma gasification technology which is being licensed by AFE. Alter NRG Corp.
shares T.NRG are trading even at $1.20.
