Coalview Acquires KeLa Energy

Coalview Ltd. LLC, a leading technology and fine coal recovery company, has announced its acquisition of KeLa Energy LLC; with loan conversions, investor equity and liability assumptions, Coalview KeLa LLC will be 90% Coalview Ltd.-owned and 10% owned by KeLa Energy LLC.

David Schwedel, executive director of Coalview, praised the move.

“This continues our positioning as a technology leader,” he said, and will “enable us to custom blend fuel products for specific requests.”

Coalview specializes in technologies allowing for removal and waste material processing, including an in-house laboratory, plant design and operations to handle entire projects.