OAK BROOK, IL, Nov. 5, 2012 /CNW/ - Primary Energy Recycling Corporation (TSX: PRI) (Primary Energy or the Company) today announced that its board of directors has declared, under its previously announced new dividend policy, a quarterly dividend on the common shares of the Company (the "Shares") in the amount of US$0.05 per Share, which will be payable on November 30, 2012, to holders of record at the close of business of November 15, 2012.

About Primary Energy Recycling Corporation

Primary Energy Recycling Corporation, headquartered in Oak Brook, Illinois, owns and operates four recycled energy projects and a 50% interest in a pulverized coal facility (collectively, the "Projects"). The Projects have a combined electrical generating capacity of 283 megawatts and a combined steam generating capacity of 1.8M lbs/hour. Primary Energy Recycling Corporation creates value for its customers by capturing and recycling waste energy from industrial and electric generation processes and converting it into reliable and economical electricity and thermal energy for resale back to its customers. For more information, please see www.primaryenergy.com.

SOURCE: Primary Energy Recycling Corporation

For further information:

Chief Financial Officer
Mike Alverson
630.230.1314
investorinfo@primaryenergy.com 

Media and Investor Relations
Adam Peeler
416.815.0700 ext. 225
apeeler@equicomgroup.com