Long Island School District Awards $12 Million Project to Atlantic Energy Solutions
27 April 2009 - 10:00PM
Marketwired
Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) is pleased to
announce that they have just been awarded a $12.2 million energy
efficiency project from a Long Island, NY School District.
This multifaceted project entails a new 200kw solar photovoltaic
system, a 300kw cogeneration system, IT Network Management,
Weatherization, major HVAC renovations, and boiler and lighting
replacement.
These energy efficiency improvements and renovations along with
$490,000 in LIPA solar incentives will realize the school district
and its taxpayers almost $700,000 in annual energy savings.
Atlantic Energy Solutions CEO Tim Brock commented, "The savings
we are providing for this school district is another perfect
example of the impact our energy efficiency projects can make on a
local municipality. Not only are we implementing state of the art
green technology innovations which have a positive effect on the
environment, but we are simultaneously creating much needed tax
relief during these challenging economic times." Mr. Brock
continued, "As our company continues on its current course of
growth and expansion we are striving to become a premier player in
our industry. Being a publicly traded company gives us an added
responsibility to increase shareholder value. We are confident that
the actions we are taking and the growth we are experiencing will
help us achieve these important objectives."
About Atlantic Energy Solutions, Inc.
Atlantic Energy Solutions is a globally accredited Energy
Efficiency and Resource Company and member of NAESCO
(www.Naesco.org) that identifies, implements, and finances energy
efficiency projects designed to improve the overall efficiency of
energy, water usage and renewable resources, reducing our
dependency on foreign oil and diminishing our carbon footprint.
Headquartered in Saratoga Springs, NY and with satellite offices in
Orlando, FL and Fairfield, NJ, Atlantic Energy Solutions assesses
the energy demands and usages of municipal, corporate and
industrial complexes to improve conservation and apply measures to
bolster savings at the consumer level.
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of Atlantic Energy Solutions Inc., and members
of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to
management that could cause actual results to differ materially
from those in forward-statements include, but are not limited to,
fluctuation of operating results, the ability to compete
successfully and the ability to complete before-mentioned
transactions. The company undertakes no obligation to update or
revise any forward-looking statements.
CONTACT: Rich Inza ir@atlanticenergy.net 1-866-788-1600
www.atlanticenergy.net
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