EuroSite Power Representatives Share Plans for Further Revenue and Margin Growth

We were thrilled to sit down with two representatives from EuroSite Power (EUSP – $1.25), Dr. Elias Samaras, the Acting Chairman and CEO, and Mr. Paul Hamblyn, the Managing Director of the Company. They’ve joined us to give an update about EuroSite’s significant progress over the past few months, and to talk about their plans for further growth. Mr. Hamblyn […]

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Solid Revenue and Margin Growth for EuroSite Power in First Quarter

In the first quarter, ended March 31, 2016, EuroSite Power (EUSP – $1.20), which owns and operates On-Site cogeneration systems that produce electricity, hot water, heat and cooling, reached revenues of $687,032, an increase of 25.4% compared to revenues of $548,054 for the same period in 2015. The strong improvement was driven by both a higher number of systems in […]

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EuroSite Power Raises $7.25 Million to Fund Expected Growth

EuroSite Power (EUSP – $0.62), which sells the energy produced from onsite energy systems as an alternative to the outright sale of energy equipment, has raised $7.25 million in a private placement at $0.575 per share. Several members of the Company’s senior management and its board of directors participated in the offering. It’s always encouraging to see management members participate […]

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Expanding Markets, Sales, and Margins at EuroSite Power

2015 established EuroSite Power (EUSP – $0.76) as a leading on-site utility solutions provider. The Company saw a solid rise in revenues (+39%) and energy production (+59%) compared with 2014, while delivering improvement in all Key Performance Indicators. The four “pillars of growth” that the Company introduced last year are starting to bear fruit. In the fourth quarter of 2015, […]

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EuroSite Power Margins Expected to Rise as It Signs First Gas Resale Agreement

EuroSite Power (EUSP – $0.80), which sells the energy produced from onsite energy systems as an alternative to the outright sale of energy equipment, has signed its first gas resale agreement with an existing on-site utility customer. Under the agreement the customer, Abbeycroft Leisure, will purchase natural gas from EuroSite Power for three of its sites, two of which have […]

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EuroSite Power Achieves Four Pillars of Growth – Ready for Strong 2016

Last summer, EuroSite Power (EUSP – $0.73), which owns and operates clean, On-Site Utility systems that produce electricity, hot water, heat and cooling, introduced four goals which laid the foundation for the Company’s success in coming years. Today, less than nine months later, those four “pillars of growth” have already been completed, and are starting to bear fruit. For example, […]

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Significant 331kW Project Win for EuroSite Power

Only a week after EuroSite Power (EUSP – $0.80) secured financing from Societe Generale Equipment Finance (SGEF) for its future projects, the Company signed an On-Site Utility agreement with Doncaster Culture & Leisure Trust for The Dome leisure center, in Doncaster, UK. The agreement is worth approximately US$4.83 (£3.02) million. Under the terms of the 15-year On-Site Utility agreement, a […]

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EuroSite Power Significantly Expands Potential Customer Group With Financing Agreement

EuroSite Power (EUSP – $0.90), which installs, owns, operates and maintains natural gas fueled CHPs, chillers, and heat pumps at industrial and commercial facilities, has secured a project financing agreement with Societe Generale Equipment Finance (SGEF). In December last year the two parties reached an agreement in principle, and now they’ve signed a formal agreement. This is an important milestone […]

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EuroSite Power Starts Up 30th CHP System

EuroSite Power Inc. (EUSP – $0.90), which owns and operates clean, On-Site Utility systems that produce electricity, hot water, heat and cooling at hospital, healthcare, housing and leisure centers in Europe, has installed and started up a 200 kW Combined Heat and Power (CHP) system at the Littledown Centre, in Bournemouth, United Kingdom. Set in 47 acres of parkland, Littledown […]

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Macquarie and Societe Generale Finance EuroSite Power Projects

EuroSite Power (EUSP – $0.95), has reached an agreement in principle with Macquarie Energy Leasing and Societe Generale Equipment Finance to provide project finance for future projects. These agreements would allow the Company to target more and larger customers. In the past, EuroSite Power, which installs, owns, operates and maintains natural gas fueled Combined Heat and Power (CHP) units, chillers, […]

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