EuroSite Power signs Second Contract with Wentworth Club worth 1.23 Million Pounds Sterling

EuroSite Power signs Second Contract with Wentworth Club worth 1.23 Million Pounds Sterling PR Newswire WALTHAM, Massachusetts, Nov. 7, 2012 -- In 2012 the Company has Booked Contracts of Approximately 30.7 (US$49.1) Million Pounds Sterling WALTHAM, Massachusetts, Nov. 7, 2012 /PRNewswire/ -- EuroSite Power Inc., (OTCQB: EUSP) an On-Site Utility, offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and leisure centers in the United Kingdom (UK) and Europe, today announced that it has signed a second contract with the world famous Wentworth Club in the United Kingdom. The contract to install a combined heat and power (CHP) system for the main Clubhouse is worth 1.23 (US$1.96) million Pounds Sterling to EuroSite Power over the fifteen-year term and follows a 1.75 million Pounds Sterling contract for Wentworth's Tennis & Health Club announced in September. Under the terms of the agreement, EuroSite Power will install and operate a CHP system at the club's Clubhouse, which will produce up to 100 kWe of power or approximately 1.34 GWh of total energy per annum, while saving up to 277 tonnes of CO2, each year. Wentworth Club will receive a discount on the energy produced by the CHP system and reduce its carbon emissions from the property. Paul Hamblyn, Managing Director of EuroSite Power said: "We are very pleased that Wentworth Club has decided to expand its relationship with EuroSite Power.