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ALGAE.TEC SIGNS CARBON CAPTURE BIOFUELS DEAL WITH AUSTRALIA’S LARGEST COAL-FIRED POWER STATION (AlgaeTec Limited)

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(Source: AlgaeTec Limited) ASX RELEASE EMBARGO 1.30pm (AEST) July 2, 2013 Media contact: Digital Mantra Group TEAM@DMGPR.COM Australia +61 2 8006 0424 USA +1 650 798 5238 In what is understood to be a world first, Algae.Tec (ASX: AEB, OTCQX: ALGXY) has signed a deal with Australia's largest power company to site an algae carbon capture and biofuels production facility alongside a 2640MW coal-fired power station near Sydney. Power company Macquarie Generation one of the largest in the world and owned by the New South Wales Government, has signed an agreement to site the Algae.Tec facility next to the Bayswater coal-fired power...

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