EuroSite Power to Supply Clean Energy to the World Famous Wentworth Club

EuroSite Power to Supply Clean Energy to the World Famous Wentworth Club PR Newswire WALTHAM, Massachusetts, Sept. 13, 2012 WALTHAM, Massachusetts, Sept. 13, 2012 /PRNewswire/ -- EuroSite Power Inc., 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 reached an agreement to supply clean energy to the world famous Wentworth Club in the United Kingdom. The potential revenue value of the agreement to EuroSite Power is pounds Sterling 1.75 million over the fifteen-year term. Under the terms of agreement, the Company will install and operate a combined heat and power (CHP) system at the Club's Tennis & Health Club, which will produce up to 100 kW of power or approximately 1.5 MWh of total energy per annum, while saving up to 224 tonnes of CO2. Providing good quality CHP is supported by the UK government and the impact of the Climate Change Levy will be greatly reduced. The system will also be replacing existing standby generation at the Tennis & Health Club. Wentworth Club will receive a discount on the energy produced by the CHP system and reduce its carbon emissions from the property. "In 2012, EuroSite Power has now booked an estimated 11 GWh of total energy per year for a potential total revenue value of approximately pounds Sterling 19.