American DG Energy Grows Installed Base.
WALTHAM, Mass., Feb. 6 /PRNewswire-FirstCall/ -- American DG Energy Inc. (BULLETIN BOARD: ADGE) , a leading On-Site Utility offering clean electricity, heat, hot water and cooling to hospitality, healthcare, housing and athletic facilities, announced today that it is currently operating 45 energy systems at 25 locations in the Northeast. The energy systems include both clean combined heat and power (CHP) systems and efficient engine-driven chillers. The sites represent 3,495 kW of installed electricity capacity plus thermal energy.
The Company also announced that it is currently installing 22 additional energy systems at 13 locations in the Northeast. The installations are primarily On-Site Utility energy agreements, but also include turn-key installation projects. The sites represent 1,460 kW of installed electricity capacity plus thermal energy.
"Our On-Site Utility energy agreements have proven to be very appealing to property owners," stated John Hatsopoulos, Chief Executive Officer of American DG Energy. "Our customers reduce their energy costs and improve operating cash flow, all without any capital investment."
About American DG Energy
American DG Energy (BULLETIN BOARD: ADGE) supplies low-cost energy to its customers through distributed power generating systems. The company is committed to providing institutional, commercial, and small industrial facilities with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities -- without any capital or start-up costs to the energy user. American DG Energy is headquartered in Waltham, Massachusetts. More information can be found at http://www.americandg.com/.
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 SEC 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.
CONTACT: John Hatsopoulos of American DG Energy Inc., +1-781-522-6020
Web site: http://www.americandg.com/
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|Date:||Feb 6, 2008|
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