COAL AGE

Posted by: David Schwedel

David Schwedel heralded Coalview’s 2014 acquisition of KeLa Energy as a great move for the company. Coalview KeLa LLC—formed with loan conversions, investor equity and with liability assumptions—will operate under 90-percent ownership by Coalview and 10-percent by Kela Energy.

With the new technologies KeLa brings to the table, Coalview can expand upon its reputation as a technology leader in the coal industry—specifically in coal fines recovery.