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EuroSite Power Inc.

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uuid000j71d

Namestring
EuroSite Power Inc.
Legal namestring
TEDOM UK Ltd.
Company typeenum
Private
Founded yearint
2010
Descriptiontext

EuroSite Power Inc. operates in the United Kingdom as TEDOM POWER UK through its wholly-owned UK subsidiary TEDOM UK Ltd., headquartered at Alderley Park, Macclesfield. The company is a small (1–10 employees) distributor and operator of natural gas-fueled commercial cooling, heating, and combined heat and power (CHP) systems, serving UK commercial and industrial businesses under a fully-funded "On-Site Utility" (OSU) Energy-as-a-Service model. Named customers are concentrated in adjacent leisure, hospitality, sports venue, and public services verticals (Coventry Building Society Arena, The Club Company, Haverhill Leisure Centre). EuroSite Power is a UK subsidiary of Czech-based TEDOM Group, and its core technology — Green CHP units and Solar On-Site Utility (Solar OSU) photovoltaic systems — is sourced from the parent's broader energy portfolio rather than developed in-house in the UK.

The product portfolio centers on two generation technologies delivered under the same commercial wrapper. Green CHP systems produce electricity and heat simultaneously on the customer site, integrate with the customer's existing electrical and thermal systems, and are monitored 24/7 by the company's engineering team. Solar OSU extends the OSU model to photovoltaic generation for sites where solar economics are stronger than CHP. A broader "Renewable Energy Solutions" category is also offered on the UK website. There is no meaningful UK-specific proprietary technology stack beyond the commercial packaging of the OSU model; the technical differentiation is fundamentally the parent's hardware.

Revenue is generated exclusively through multi-year Energy-as-a-Service contracts: TEDOM funds installation, owns the asset, and operates and maintains the system over its lifetime, while the customer pays per unit of energy delivered at a guaranteed discount against current and future energy prices. All capital expenditure, technical risk, performance risk, and carbon tax exposure are borne by the company. Go-to-market is a direct enterprise field sales motion — consultative, with no self-service, digital marketplace, or partner channels — supported by content marketing (a Green White Paper and case studies), a YouTube channel, and a callback request workflow on the company website. Historically the company raised approximately $6.5 million across three funding rounds between 2010 and 2014 to fund the CapEx-heavy asset deployments that underpin the model.

Short descriptiontext

EuroSite Power Inc. (TEDOM POWER UK), a UK subsidiary of Czech-based TEDOM Group, offers fully-funded Combined Heat and Power and Solar on-site energy generation under an Energy-as-a-Service model to UK commercial and industrial businesses.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersWatford, United Kingdom
HQ citystring
Watford
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
on-site energy generation, combined heat and power, solar energy solutions, energy as a service, distributed energy systems
Industry2 codes
1Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP)
CodeEUABAJAIPrimaryYes
2Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR)
CodeEUAGABAIPrimaryNo
NAICS code3 codes
  • Electric Power Generation22111
  • Fossil Fuel Electric Power Generation221112
  • Solar Electric Power Generation221114
SIC code1 code
  • Cogeneration Services & Small Power Producers4991
Product category
On-Site Energy Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Energy as a Service (On-Site Utility)
TypeSubscription Recurring
Description

Fully-funded model where the company invests in, installs, operates, and maintains on-site energy generation assets (CHP and Solar). Customers pay for energy generated without upfront capital expenditure. Revenue is generated through long-term energy supply contracts based on guaranteed savings against current and future energy prices.

tedom.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Energy as a Service - Fully Funded Model
ModelSubscriptionBilling cadenceMulti-year contract
Notes

No upfront investment required. Customer receives guaranteed discount against current and future energy prices. All maintenance, operation, and performance optimization included over asset lifetime. Solution provides exemption from carbon taxes.

tedom.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

EuroSite Power Inc., trading as TEDOM POWER UK, provides fully-funded on-site energy generation solutions under its On-Site Utility (OSU) model. The company installs, operates, and maintains Combined Heat and Power (CHP) and Solar systems at commercial and industrial sites at zero capital cost to the customer, generating revenue through long-term energy supply contracts with guaranteed price discounts.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Guaranteed savings against current and future energy prices from day one of operation
Product overview1 text field

EuroSite Power Inc., operating as TEDOM POWER UK, offers an On-Site Utility (OSU) model — a fully-funded, no-risk approach to on-site energy generation. The company's product portfolio consists of two core energy generation solutions: Green CHP (Combined Heat and Power) and Solar OSU (Solar On-Site Utility). Both products operate under the same OSU service model, which covers all upfront capital expenditure, installation, 24/7 monitoring, operation, maintenance, and performance optimization throughout the asset lifetime. The OSU model provides energy price protection through guaranteed discounts against current and future prices, along with carbon tax exemptions and access to available incentives.

Product and service1 record
1Green CHP (Combined Heat and Power)
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

UK-based distributor and service provider of gas engine CHP and on-site power solutions, serving commercial and industrial customers with a similar fully-supported, long-term service model. Comparable to EuroSite Power's CHP distribution and lifecycle service focus.

TypeDirect peer
Description

UK-based CHP specialist offering on-site combined heat and power solutions, energy efficiency services, and power generation to commercial and industrial customers. Direct competitor in the British on-site CHP market.

TypeBroad incumbent
Description

Veolia operates UK district heating and on-site energy generation businesses serving commercial, industrial, and public sector customers. Overlaps with EuroSite Power on on-site heat/power generation under long-term service contracts, but at much larger scale and broader portfolio.

TypeBroad incumbent
Description

ENGIE offers distributed energy, CHP, energy efficiency and decarbonization solutions across the UK. Overlaps with EuroSite Power on on-site generation and EaaS-style commercial offerings as part of a much broader energy services portfolio.

TypeBroad incumbent
Description

Centrica's B2B energy services arm delivers on-site generation, CHP, solar, and energy management to UK commercial and industrial customers. Broad incumbent offering closely aligned with the OSU value proposition of no-CapEx energy solutions.

TypeBroad incumbent
Description

SSE's B2B division develops and operates distributed energy, CHP, and heating/cooling networks across the UK. Comparable on the delivery of on-site heat and power solutions to commercial customers under long-term contracts.

TypeBroad incumbent
Description

E.ON's UK business energy arm provides on-site generation, solar, and energy efficiency solutions to commercial and industrial customers alongside energy supply. A broad utility incumbent competing for the same decarbonization-without-CapEx wallet.

8KCH (KraftPower Commodities / 2G Energy UK)
TypeDirect peer
Description

2G Energy is a CHP manufacturer with a UK presence that sells and services gas engine CHP units to commercial and industrial customers alongside partners. Highly comparable in CHP technology supply and service to UK customers.

TypeBroad incumbent
Description

EQUANS (formerly Cofely / ENGIE Ineo) operates multi-technical energy services including on-site CHP, district heating, and energy management across Europe including the UK. Overlaps on long-term fully-funded energy service contracts with commercial and public sector customers.

TypeBroad incumbent
Description

Cummins sells gas and diesel CHP systems and provides lifecycle service across Europe. A large equipment OEM/service provider that competes for the same on-site generation deals EuroSite Power is targeting through its TEDOM CHP fleet.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

EuroSite Power Inc.

On-Site Energy Serviceseurositepower.co.uk

EuroSite Power Inc. (TEDOM POWER UK), a UK subsidiary of Czech-based TEDOM Group, offers fully-funded Combined Heat and Power and Solar on-site energy generation under an Energy-as-a-Service model to UK commercial and industrial businesses.

What EuroSite Power Inc. does

EuroSite Power Inc. operates in the United Kingdom as TEDOM POWER UK through its wholly-owned UK subsidiary TEDOM UK Ltd., headquartered at Alderley Park, Macclesfield. The company is a small (1–10 employees) distributor and operator of natural gas-fueled commercial cooling, heating, and combined heat and power (CHP) systems, serving UK commercial and industrial businesses under a fully-funded "On-Site Utility" (OSU) Energy-as-a-Service model. Named customers are concentrated in adjacent leisure, hospitality, sports venue, and public services verticals (Coventry Building Society Arena, The Club Company, Haverhill Leisure Centre). EuroSite Power is a UK subsidiary of Czech-based TEDOM Group, and its core technology — Green CHP units and Solar On-Site Utility (Solar OSU) photovoltaic systems — is sourced from the parent's broader energy portfolio rather than developed in-house in the UK.

The product portfolio centers on two generation technologies delivered under the same commercial wrapper. Green CHP systems produce electricity and heat simultaneously on the customer site, integrate with the customer's existing electrical and thermal systems, and are monitored 24/7 by the company's engineering team. Solar OSU extends the OSU model to photovoltaic generation for sites where solar economics are stronger than CHP. A broader "Renewable Energy Solutions" category is also offered on the UK website. There is no meaningful UK-specific proprietary technology stack beyond the commercial packaging of the OSU model; the technical differentiation is fundamentally the parent's hardware.

Revenue is generated exclusively through multi-year Energy-as-a-Service contracts: TEDOM funds installation, owns the asset, and operates and maintains the system over its lifetime, while the customer pays per unit of energy delivered at a guaranteed discount against current and future energy prices. All capital expenditure, technical risk, performance risk, and carbon tax exposure are borne by the company. Go-to-market is a direct enterprise field sales motion — consultative, with no self-service, digital marketplace, or partner channels — supported by content marketing (a Green White Paper and case studies), a YouTube channel, and a callback request workflow on the company website. Historically the company raised approximately $6.5 million across three funding rounds between 2010 and 2014 to fund the CapEx-heavy asset deployments that underpin the model.

EuroSite Power Inc. firmographics

Firmographics
Name
EuroSite Power Inc.
Legal name
TEDOM UK Ltd.
Website
https://eurositepower.co.uk
Company type
Private
Founded year
2010
Operating status
Operating
Headcount range
1–10 employees
Short description
EuroSite Power Inc. (TEDOM POWER UK), a UK subsidiary of Czech-based TEDOM Group, offers fully-funded Combined Heat and Power and Solar on-site energy generation under an Energy-as-a-Service model to UK commercial and industrial businesses.
Ownership category
akta.pro rank

EuroSite Power Inc. industry classification

Industry
Product category
On-Site Energy Services
NAICS
Electric Power Generation (22111), Fossil Fuel Electric Power Generation (221112), Solar Electric Power Generation (221114)
SIC
Cogeneration Services & Small Power Producers (4991)
akta.pro primary industry
Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI)
akta.pro secondary industry
Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

Keywords

  • On-site energy generation
  • Combined heat and power
  • Solar energy solutions
  • Energy as a service
  • Distributed energy systems

Where EuroSite Power Inc. is headquartered

Location

Headquarters

HQ city
Watford
HQ country
United Kingdom
HQ region
Europe

Offices1 record

Markets served

EuroSite Power Inc. business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Energy as a Service (On-Site Utility): Fully-funded model where the company invests in, installs, operates, and maintains on-site energy generation assets (CHP and Solar). Customers pay for energy generated without upfront capital expenditure. Revenue is generated through long-term energy supply contracts based on guaranteed savings against current and future energy prices.

Pricing tiers

ModelBillingPrice
SubscriptionMulti-year contractEnergy as a Service - Fully Funded Model

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

EuroSite Power Inc. product offering

Product offering

Core offering

EuroSite Power Inc., trading as TEDOM POWER UK, provides fully-funded on-site energy generation solutions under its On-Site Utility (OSU) model. The company installs, operates, and maintains Combined Heat and Power (CHP) and Solar systems at commercial and industrial sites at zero capital cost to the customer, generating revenue through long-term energy supply contracts with guaranteed price discounts.

Product overview

EuroSite Power Inc., operating as TEDOM POWER UK, offers an On-Site Utility (OSU) model — a fully-funded, no-risk approach to on-site energy generation. The company's product portfolio consists of two core energy generation solutions: Green CHP (Combined Heat and Power) and Solar OSU (Solar On-Site Utility). Both products operate under the same OSU service model, which covers all upfront capital expenditure, installation, 24/7 monitoring, operation, maintenance, and performance optimization throughout the asset lifetime. The OSU model provides energy price protection through guaranteed discounts against current and future prices, along with carbon tax exemptions and access to available incentives.

Differentiator

Problem solved

Functional benefit

Products and services

  • Green CHP (Combined Heat and Power)

Quantifiable outcome

  • Guaranteed savings against current and future energy prices from day one of operation

Companies that use EuroSite Power Inc.

Customer profile

Named customers3 records

Segments1 record

Ideal customer profiles1 record

EuroSite Power Inc. technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

EuroSite Power Inc. partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

EuroSite Power Inc. competitors and assessment

Company assessment

Direct peers

  • Clarke Energy: UK-based distributor and service provider of gas engine CHP and on-site power solutions, serving commercial and industrial customers with a similar fully-supported, long-term service model. Comparable to EuroSite Power's CHP distribution and lifecycle service focus.
  • ENER-G Combined Power: UK-based CHP specialist offering on-site combined heat and power solutions, energy efficiency services, and power generation to commercial and industrial customers. Direct competitor in the British on-site CHP market.
  • KCH (KraftPower Commodities / 2G Energy UK): 2G Energy is a CHP manufacturer with a UK presence that sells and services gas engine CHP units to commercial and industrial customers alongside partners. Highly comparable in CHP technology supply and service to UK customers.

Broad incumbents

  • Veolia UK Energy Services: Veolia operates UK district heating and on-site energy generation businesses serving commercial, industrial, and public sector customers. Overlaps with EuroSite Power on on-site heat/power generation under long-term service contracts, but at much larger scale and broader portfolio.
  • ENGIE UK: ENGIE offers distributed energy, CHP, energy efficiency and decarbonization solutions across the UK. Overlaps with EuroSite Power on on-site generation and EaaS-style commercial offerings as part of a much broader energy services portfolio.
  • Centrica Business Solutions: Centrica's B2B energy services arm delivers on-site generation, CHP, solar, and energy management to UK commercial and industrial customers. Broad incumbent offering closely aligned with the OSU value proposition of no-CapEx energy solutions.
  • SSE Energy Solutions: SSE's B2B division develops and operates distributed energy, CHP, and heating/cooling networks across the UK. Comparable on the delivery of on-site heat and power solutions to commercial customers under long-term contracts.
  • E.ON UK Business Energy: E.ON's UK business energy arm provides on-site generation, solar, and energy efficiency solutions to commercial and industrial customers alongside energy supply. A broad utility incumbent competing for the same decarbonization-without-CapEx wallet.
  • Cofely (ENGIE Ineo / EQUANS): EQUANS (formerly Cofely / ENGIE Ineo) operates multi-technical energy services including on-site CHP, district heating, and energy management across Europe including the UK. Overlaps on long-term fully-funded energy service contracts with commercial and public sector customers.
  • Cummins CHP / Onsite Energy Solutions: Cummins sells gas and diesel CHP systems and provides lifecycle service across Europe. A large equipment OEM/service provider that competes for the same on-site generation deals EuroSite Power is targeting through its TEDOM CHP fleet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

EuroSite Power Inc. social profiles

Digital presence

EuroSite Power Inc. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

EuroSite Power Inc. leadership team

Management profile

Number of profiles

Profiles3 records

EuroSite Power Inc. funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

EuroSite Power Inc. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EuroSite Power Inc.

What does EuroSite Power Inc. do?

EuroSite Power Inc., trading as TEDOM POWER UK, provides fully-funded on-site energy generation solutions under its On-Site Utility (OSU) model. The company installs, operates, and maintains Combined Heat and Power (CHP) and Solar systems at commercial and industrial sites at zero capital cost to the customer, generating revenue through long-term energy supply contracts with guaranteed price discounts.

Is EuroSite Power Inc. a public or private company?

EuroSite Power Inc. is a private company. It is classified as corporate owned and is currently operating.

When was EuroSite Power Inc. founded?

EuroSite Power Inc. was founded in 2010. It employs 1 to 10 people.

Where is EuroSite Power Inc. based?

EuroSite Power Inc. is headquartered in Watford, United Kingdom, in the Europe region.

How does EuroSite Power Inc. make money?

One revenue line is on record: energy as a Service (On-Site Utility).

Who are EuroSite Power Inc.'s main competitors?

Direct peers on record are Clarke Energy, ENER-G Combined Power and KCH (KraftPower Commodities / 2G Energy UK). Broad incumbents are Veolia UK Energy Services, ENGIE UK, Centrica Business Solutions, SSE Energy Solutions, E.ON UK Business Energy, Cofely (ENGIE Ineo / EQUANS) and Cummins CHP / Onsite Energy Solutions.

Does EuroSite Power Inc. have an API?

No public API is recorded for EuroSite Power Inc..

What industry is EuroSite Power Inc. in?

EuroSite Power Inc.'s product category is On-Site Energy Services. Its primary akta.pro industry code is EUABAJAI, Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP), with a secondary code of EUAGABAI, Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR). Its NAICS code is 22111 and its SIC code is 4991.

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Live signals
PR NewswireEuroSite Power Reports First Quarter 2017 Financial PerformanceEuroSite Power Inc. reported first quarter 2017 revenues increased 21% to $830,849 compared to $687,032 in the prior year period, while gross margin excluding depreciation improved to 40% from 37.2%. The company's UK subsidiary achieved positive operating EBITDA cash flow for the first time in company history at £47,813 ($59,780), enabling EuroSite Power to post a positive non-GAAP adjusted EBITDA of $6,722 versus a loss of $245,635 in Q1 2016. Looking ahead, the company has appointed a new Head of Business Development and expanded its sales pipeline to include larger capital sale projects and continental European opportunities.PR NewswireEuroSite Power Reports 2016 Financial and Operational PerformanceEuroSite Power Inc. reported full year 2016 results showing gross profit of $287,355 compared to a loss of $115,804 in 2015, a 348% improvement, with total revenues increasing 12.6% to $2,476,186. The company improved gross margin excluding depreciation by over 11.9 percentage points to 36.4%, raised over $7 million in private placements, and reduced debt to $300,000 through conversion of senior convertible debt. Management targets positive EBITDA cash flows for 2017 while acknowledging weak new business development in 2016 as an area requiring focus.PR NewswireAmerican DG Energy Reports Third Quarter 2016 Financial PerformanceAmerican DG Energy reported third-quarter 2016 revenues of $1.58 million, a 3% increase year-over-year, alongside improved gross margins and positive non-GAAP EBITDA cash flow from core operations. The company completed significant debt reduction transactions and deconsolidated its European subsidiary EuroSite Power to strengthen its balance sheet. Additionally, American DG announced a planned merger with affiliate Tecogen Inc. as part of its strategic restructuring efforts.PR NewswireEuroSite Power Inc. Reports Third Quarter 2016 Financial PerformanceEuroSite Power Inc. reported Q3 2016 total revenues of $459,114, an 8.8% increase from $421,991 in Q3 2015, with overall gross margin improving to 8.5% from (10.8)% year-over-year. The company commissioned one new installation during the quarter, bringing total operational systems to 32 with 3,509 kW of installed capacity and approximately $91.2 million in total lifetime contract value. Chief Executive Officer Dr. Elias Samaras noted the company is now fully independent following recent transactions, positioning it to pursue larger projects, acquisitions, and geographic expansion.PR NewswireEuroSite Power Schedules Earnings Release and Conference Call for Third Quarter 2016 ResultsEuroSite Power Inc. announced it will release its third quarter 2016 financial results on Thursday, November 10, 2016, with a conference call and webcast scheduled for the same day at 10:00 a.m. Eastern Time. The company, an On-Site Utility solutions provider delivering electricity, heat, hot water, and cooling to healthcare, hospitality, housing, and leisure facilities, operates primarily in the United Kingdom and Europe. Dial-in numbers and webcast registration details were provided for participants to access the live earnings discussion.PR NewswireEuroSite Power Schedules Earnings Release and Conference Call for Third Quarter 2016 ResultsEuroSite Power Inc. will release its third quarter 2016 financial results on Thursday, November 10, 2016, with a conference call and webcast scheduled for the same day at 10:00 a.m. Eastern Time to discuss the company's financial performance. The company provides on-site energy solutions delivering electricity, heat, hot water, and cooling to commercial and institutional facilities in the United Kingdom and Europe. The earnings release and conference call represent a routine quarterly disclosure event for the publicly traded company.PR NewswireEuroSite Power to Webcast Live at the OTCQX Virtual Investor Conference on October 4, 2016EuroSite Power Inc. announced that Managing Director Paul Hamblyn will present at the OTCQX Virtual Investor Conference on October 4, 2016. The presentation is scheduled to cover the company's on-site utility business model, progress on its growth plan including European expansion, and its outlook for the remainder of the year. Investors are invited to participate in a live, interactive session to ask questions about the company's operations.PR NewswireEuroSite Power Switches on Savings at DomeEuroSite Power Inc. commissioned and began operating a combined heat and power system at The Dome leisure center in Doncaster, UK, under a 15-year On-Site Utility agreement. The project, funded by Societe Generale Equipment Finance, is expected to save the Doncaster Culture & Leisure Trust approximately £532,500 over the contract term while reducing carbon emissions. EuroSite Power retains ownership of the equipment and covers all maintenance costs, selling the generated energy to the center at a rate lower than grid prices.PR NewswireEuroSite Power Finalist in ADE AwardsEuroSite Power Inc. has been selected as a finalist in two categories at the Association for Decentralized Energy Awards 2016, being shortlisted for Commercial/Public Sector Project of the Year for its 125 kW combined heat and power system at Kingfisher Leisure Centre in Sudbury, and for Customer Engagement Award for its solution at Haverhill Leisure Centre. The projects involve installing and operating CHP systems at zero capital cost to the leisure centers under 15-year agreements, with the Kingfisher project estimated to save the customer over £12,598 annually while reducing CO2 emissions by up to 234 tonnes per year. Winners will be announced at a ceremony on November 23, 2016 in London.PR NewswireEuroSite Power Inc. Reports Second Quarter 2016 Financial PerformanceEuroSite Power Inc. reported Q2 2016 total revenues of $640,437, an 18.0% increase compared to $542,973 in Q2 2015, with overall gross margin improving significantly to 16.1% from 6.3% the prior year. The company raised $7.25 million via private placement in May 2016 and substantially reduced its convertible debt to just $300,000 remaining, while commissioning one new installation bringing total operational systems to 31 with 3,178 kW capacity. The company also signed its first gas resale agreement with Abbeycroft Leisure and closed its largest single On-Site Utility agreement with The Celtic Manor Resort at 400kW.