Questor Technology Inc. previously announced in November 2022, that it had started up two of the three waste heat to power facilities in Mexico and was working on rectifying a few small deficiencies so that final testing could be completed. These deficiencies were resolved in December, however the customer was not able to provide sufficient heat to run the power generation equipment for extended periods of time. For the third site, Questor is still waiting for certain materials to arrive.

As a result, the customer has agreed to extend the letters of credit into 2023. Questor is working with its customer to complete the work in 2023.