Wednesday, May 29, 2013

EuroSite Power, Inc. (EUSP) Signs New Installation Agreement with Roko Health Club in York UK

EuroSite Power, provider of On-Site Utility systems and a subsidiary of American DG Energy, Inc., offers clean electricity, heat, hot water, and cooling solutions to hospitality, healthcare, housing, and leisure centers in the United Kingdom (UK) and Europe. The company has signed a new contract to deploy its combined heat and power (CHP) system to the Roko Health Club site in the medieval city of York, UK, and reports that it is also now operating its CHP system supplying clean energy to the Roko Health Club in Nottingham, UK.

The new installation will supply electricity to the club together with heat and hot water to serve both the club and its indoor and outdoor swimming pools. The new agreement marks the fifth system under contract, in addition to system installation at sites in Chiswick, Gillingham, Nottingham, and Portsmouth. The contract carries total revenue value of approximately 1.37 million GBP over the term of the 15-year agreement.

By choosing EuroSite Power’s On-Site Utility solution, Roko will pay only for the energy used and will not incur any capital, installation, and operating costs. Because EuroSite Power is responsible for service, maintenance, and repair, Roko will not need to provide manpower to support the energy equipment.

“We are delighted to have our third system operating. Both our sites in Gillingham and Portsmouth have already begun enjoying savings and we now look forward to seeing similar results at Nottingham. By adding York we have now ensured all our clubs will see a material reduction in both annual energy bills and CO2 emission and all without the need for any capital outlay for Roko Health Clubs,” Neil Stanton, Roko Health Clubs’ operations director, stated in the press release.

The York installation will produce 558,450 kWh of electricity, or approximately 1.3 GWh of total energy per annum, and will reduce CO2 by 123 tonnes each year.

“Leisure centers and health clubs remain an important part of our growth strategy, within the UK market. We strive hard to deliver high quality solutions that deliver good results and the fact that Roko have decided to add another site to their contract speaks volumes,” said Paul Hamblyn, managing director of EuroSite Power.

For more information, visit www.eurositepower.co.uk

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