QualityStocks would like to highlight American DG Energy, Inc. (NYSE: ADGE), an on-site utility company that owns and operates on-site energy systems that produce electricity, hot water, heat, and cooling at customers sites in the United States. The company owns and installs equipment at customers facilities and sells the energy produced by those systems to customers on a long-term contractual basis.
In the company’s news yesterday,
American DG Energy announced that the company has expanded upon an agreement with White Plains, NY-based Arrowwood Hotel and Conference Center to include cooling services. The cooling is in addition to 375 kW of heating and power.
Waltham, MA-based American DG is focused on bringing low-cost energy to its customers via distributed power generating systems. DG provides institutional, commercial, and small industrial facilities with power, cooling, heat, and hot water at typically lower costs than charged by local utilities. This is also without any initial start-up costs to the customer.
The current combined heating and power systems at Arrowwood have been in place since 2011, also supplied by American DG. The cooling system installed by DG will be the largest such system that the company has installed at any one location.
As with all other American DG systems, Arrowwood will only be paying for the energy generated by the combines systems, and will not be paying any equipment or installation costs. The energy provided will also be sold at a discount rate.
QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.
To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net
Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.