• Kanin Energy to develop a 7 MW waste-heat-to-power facility at the Phillips 66 Mewbourn gas processing complex in Platteville, Colorado.
• System to capture waste heat from gas compression turbines, supplying onsite baseload power aimed at lowering long-term power costs and emissions.
• Kanin to own and operate the plant, positioning the project as a no-upfront-capital structure for the host facility.
• Construction expected to start later this year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips 66 published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606230700PR_NEWS_USPR_____DA89573) on June 23, 2026, and is solely responsible for the information contained therein.