TUCSON, Ariz., Nov. 26, 2013 /PRNewswire/ -- ABCO Energy,
Inc. (OTC Markets – Symbol "ABCE") announce the highest backlog of
commercial and residential solar installation work in the history
of the Company. Backed by substantial commercial financing
availability, ABCO has been able to secure contracts that will
carry the Company far into the 2014 year with profitable work.
Early in 2013, ABCO announced an exclusive contract with a
USA based fund that would provide
up to $50,000,000 for projects
located in Arizona. This positive
event allowed the company to secure several contracts through
competitive bids and negotiated sales.
During April, 2013 we announced the Yavapai Apache signed
contract for approximately $450,000. This contract is still open as we
wait for tribal council partial funding finalization and US
Government approval.
During August, 2013 ABCO announced a project with a prominent
medical college in the amount of $1,783,000. This project is currently being
constructed.
On November 22, 2013 ABCO
announced the signing of a contract to install solar projects on
four charter schools for an organization that owns 12
schools. This contract totals $1,100,000 and is fully funded. The
installation work is just beginning and the other eight schools are
now being considered for solar and lighting projects with ABCO.
ABCO has several residential contracts signed and under
construction totaling over $250,000
at this date.
"The total of the contracts currently signed is in excess of
$3,583,000 and more projects have
been submitted for financing. This backlog exceeds our 2012
sales, which were $2.4 million, and
is expected to grow before years end. All indications are
that 2014 will start off solidly and continue to grow to a record
year", says Charles O'Dowd,
President.
ABCO Energy Inc. is an Arizona
licensed contractor for sales and installation of Photovoltaic
Solar Systems, Solar Thermal Systems and installation of LED and
energy conservation lighting systems in their markets. ABCO has
offices in Tucson, Phoenix and Flagstaff, Arizona and offices in Manhattan, New York. ABCO provides
products and services to residential, commercial, government and
non-profit entities in all of their markets.
Safe Harbor Statement
Note: Certain statements in this
news release may contain "forward-looking" information within the
meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Act of 1934 and are subject to the safe harbor
created by those rules. All statements, other than the statements
of fact, included in this release may include forward-looking
statements that involve risks and uncertainties. There can be no
assurance that such statements will be accurate and actual results
and future events could differ materially from those anticipated in
such statements. ABCO undertakes no obligation to update
forward-looking statements to reflect subsequently occurring events
or circumstances or to reflect unanticipated events or
developments.
SOURCE ABCO Energy, Inc.