Paul Hamblyn, Managing Director of EuroSite Power said: "Leisure Connection is a major leisure management operator in the UK market and I'm delighted to add them to our growing list of customers enjoying the benefits of an On-Site Utility solution. The potential to deploy similar CHP systems within Leisure Connection's portfolio is clear and so we will be working with the client to establish which other sites can also benefit from a solution. Additional sites already are being reviewed under the initial contract phase, to be implemented within 2013."
On-Site Utility EuroSite Power sells the energy produced from an onsite energy system to an individual property as an alternative to the outright sale of energy equipment. On-Site Utility customers only pay for the energy produced by the system and receive a guaranteed discount rate on the price of the energy. All system capital, installation, operating expenses and support are paid by EuroSite Power.
About EuroSite Power EuroSite Power Limited is a subsidiary of American DG Energy Inc. (NYSE MKT: ADGE). The Company provides institutional, commercial and small industrial facilities with clean, reliable power, cooling, heat and hot water at lower costs than charged by conventional energy suppliers – without any capital or start-up costs to the energy user. EuroSite Power is based in Ealing, West London.
More information can be found at www.eurositepower.co.uk.FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company's website and in Securities and Exchange Commission filings. This press release does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. SOURCE EuroSite Power Inc.
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