Inspirit Energy Holdings PLC MOU with Utilitywise plc (5124W)

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RNS Number : 5124W

Inspirit Energy Holdings PLC

10 November 2014

10 November 2014

Inspirit Energy Holdings plc

("Inspirit Energy", "Inspirit" or the "Company")

Utilitywise plc to trial Inspirit's 3kWe/15kWt mCHP appliance

Inspirit Energy is happy to announce a further, and very significant testing and field trial agreement with Utilitywise plc ("Utilitywise") which is one of Europe's leading and rapidly expanding Energy, environmental management and Utility Broker companies.

With a presence in Germany, France, the UK and other European countries and more than 35,000 accounts, Utilitywise is in an ideal position to include the Inspirit Energy mCHP appliance in its business utility solutions which are especially focused on SME's and other organisations across Europe. Working closely with Utilitywise, their experienced service delivery and management capabilities will greatly accelerate the introduction of Inspirit Energy's Stirling Engine based micro-CHP products across this market sector.

The agreement covers testing of the Inspirit Energy mCHP appliance in several high-profile installation sites in the UK and will test the appliance in a range of demand cycles including full and partial utilisation.

John Gunn, the Company's CEO, commented:

"This is a very significant agreement with a major European Utility Brokerage and Energy consultancy company. Partnering with Utilitywise will allow Inspirit Energy to trial its technology in a range of SME and other installations, validate the mCHP product, and demonstrate its cost saving capabilities. This will help accelerate the move to volume manufacturing over the next 12 months.

For further information please contact:

 
Contacts: 
Inspirit Energy Holdings plc       www.inspirit-energy.com 
                                   [phone] 
John Gunn, Executive Director       9400 
Jubeenh Nazhat, Director/Company   [phone] 
 Secretary                          9405 
Westhouse Securities Limited 
                                   [phone] 
Antonio Bossi / David Coaten        6100 
 
Beaufort Securities (Joint         [phone] 
 Broker)                            8300 
Jon Levinson/Saif Janjua/ 
 Elliott Hance 
 
Public Relations: 
Square1 Consulting 
                                   [phone] 
David Bick / Mark Longson           5599 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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