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ACCESS Newswire
280 Leser
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Atlantic Power and Infrastructure Corp.: Flexi-Pave Installation Withstands Hurricane Ian's Devastating Destruction in Fort Myers, Florida

Flexi®-Pave Shows Significant Success in The Face of Hurricane Forces with its Inherent Capabilities to Resist the Hydrostatic Pressures Exerted When Storm Surges Recede.

TAMPA BAY, FL / ACCESSWIRE / November 29, 2022 / Atlantic Power & Infrastructure Corp's. (OTC PINK: AWSL) wholly owned subsidiary K.B. Industries Inc., proves that Flexi®-Pave shows incredible resistance to Hydrostatic Forces.

Hurricane Ian's direct hit on Fort Myers

The most destructive hurricane since 1935, delivered the onslaught of Hurricane Ian's direct hit on Fort Myers, FL., which resulted in an Eight Foot Storm Surge on top of Flexi®-Pave Sidewalks at the Mound House Museum. As predicted, the Flexi®-Pave installation withstood the full force of Ian's surge.

Atlantic Power and Infrastructure Corp., Tuesday, November 29, 2022, Press release picture

Flexi®-Pave after 8 Feet of Storm Surge

Alison Giesen, Director of Culture, Parks, and Recreation in the Town of Fort Myers Beach stated that "the Flexi®-Pave was not affected in the slightest even with having over eight feet of sea water on it! Much of the property experienced serious damage except for the KBI's Flexi®-Pave sidewalks".

About the Installation

With the sidewalks being Flexi®-Pave andhaving a porosity rate of 3000 gallons per square foot per hour. The Flexi®-Pave showed an immense capability to release "trapped water forces" underneath the Flexi®-Pave that were trying to escape as the storm surge receded. These forces usually displace and crack traditional concrete and asphalt paving, thus clearly demonstrating K.B. Industries Inc's "Next Generation of Paving" alternatives to storm water engineers when proactively planning coastal urbanized Infrastructure against hurricane forces.

Kevin Bagnall CEO, AWSL stated…" This installation of Flexi®-Pave at Mound House most certainly illustrates the beneficial return of investment and long-term savings for our clients. Their original interest was based of the many benefits of Flexi®-Pave including the Slip Resistance and Non-cracking features offered by the installation of Flexi®-Pave"

About Mount House Museum

Located in Fort Myers, The Mound House Museum https://moundhouse.org invites guests to explore one of the most powerful ancient cultures of Southwest Florida. With interactive beach walks and guided kayak eco-tours, guests navigate the same waters where ancient costal tribes once fished. This unique archaeological destination explores the history of the 2,000-year-old Calusa Indian Shell Mound and surrounding natural environment. Mount House Museum is currently undergoing extensive restoration after the damage caused by Hurricane Ian on September 28, 2022.

About Flexi®-Pave

Flexi®-Pave uses the natural, vulcanized strength of scrap tires, along with KBI's proprietary technology, and converts the "Recycled Tire Granules" into proven, sustainable infrastructure construction products. This massively porous but strong structural material can be used for a variety of infrastructure applications with demonstrated success. Applications include storm water management, water treatment and shoreline protection projects, including ship docks Flexi®-Pave offers long and short-term permeability, flexibility, crack resistance (even freeze-thaw conditions) trip hazard resistance and slip resistance. Notable locations include Yellowstone National Park; Arlington National Cemetery; Red Butte Gardens, Utah; Atlanta Georgia's Iconic Beltline; Kew Botanical Gardens, London England.

About Atlantic Power & Infrastructure Corp.

Atlantic Power and Infrastructure Corp. provides environmental technologies including converting recycled tire material into proven, sustainable infrastructure products. Its flagship product Flexi®-Pave's resounding strength, flexibility and porous nature which protects from land erosion has led to its use in high profile shoreline break walls and other marine and infrastructure projects. The Company's water purification technology removes harmful algae blooms from freshwater rivers and lakes, and Red Tide algae blooms from salt water. The Company further plans to utilize its existing bi-products and relationships to produce waste to energy power generation.

Submit enquiries to:
enquiries@apaicorp.com
Visit: www.AtlanticPIC.com
Tel. ++1 (727) 723-3300

Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth within this website and these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the OTCMarkets.com including the company's Annual Report, Quarterly Reports, and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements. Nothing within this site is meant to be a solicitation to buy.

SOURCE: Atlantic Power & Infrastructure Corp.

View source version on accesswire.com:
https://www.accesswire.com/729129/FlexiR-Pave-Installation-Withstands-Hurricane-Ians-Devastating-Destruction-in-Fort-Myers-Florida

© 2022 ACCESS Newswire
KI-Euphorie kippt - Bei diesen 5 Aktien droht der Crash!
Drei Jahre lang kannten KI-Aktien fast nur eine Richtung: nach oben. Billionenschwere Investitionspläne von Alphabet, Amazon, Meta und Microsoft haben Halbleiter- und Infrastrukturwerte auf immer neue Höhen getrieben. Doch jetzt bekommt die Erfolgsstory gefährliche Risse.

Steigende Anleiherenditen verteuern die Finanzierung, während die gewaltigen KI-Ausgaben zunehmend nicht mehr aus den laufenden Cashflows bezahlt werden können. Gleichzeitig zeigen günstigere chinesische Modelle, dass leistungsfähige KI womöglich mit deutlich weniger Rechenleistung auskommt. Damit wächst die Gefahr, dass heute für Milliarden errichtete Kapazitäten morgen nicht die erhofften Renditen liefern.

Für Anleger könnte das zum Problem werden. Denn treffen steigende Finanzierungskosten auf Überkapazitäten und enttäuschende Cashflows, geraten gerade hoch bewertete KI-Profiteure schnell unter Druck. Aus den größten Gewinnern der vergangenen Jahre könnten so die größten Verlierer der nächsten Korrektur werden.

In unserem aktuellen Spezialreport zeigen wir 5 Aktien, bei denen das Chance-Risiko-Verhältnis jetzt besonders gefährlich erscheint – und bei denen Anleger genauer hinschauen sollten.

Jetzt den kostenlosen Report sichern – bevor die KI-Euphorie ihren nächsten Realitätstest erlebt!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.