Atlantic Energy Solutions, Inc. (OTC:AESO) is pleased to announce that it is moving on to the next phase of its $4.4 million energy efficiency project with a state college located in Upstate NY. To date, Atlantic Energy Solutions has completed $3.5 million in renovations to the college campus. Among the renovations are campus wide lighting system upgrades, improved water conservation technology, a building envelope and weatherization package, domestic hot water heater replacements, and a geothermal system conversion in their field house. Aside from simply improving their overall energy efficiency, the college had a clear objective of tranforming themselves into a �green� campus. Accordingly, Atlantic Energy Solutions made the recommendation that they utilize their existing geothermal well system on campus by installing heat pumps in the field house which would replace electric heat and provide air conditioning to the spaces. One of the upcoming renovations in the next phase of the project is the installation of a one megawatt grid parallel wind turbine. Power generated by the wind turbine will be used to off-set electricity purchased from the local utility. The Energy Conservation Measures installed will not only reduce energy costs for the school but will also improve the sustainability position of the college through optimized use of renewable energy sources (geothermal and wind) and a reduction in atmospheric emissions. In discussing this project, Atlantic Energy Solution�s CEO, Timothy Brock said, �Businesses and municipalities everywhere are realizing the importance of going green. In this case we were able to not just drastically reduce the college�s energy costs, but we are also helping them build a bridge into the future of energy efficiency for their campus and for the environment. This project will propel Atlantic Energy Solutions for continued growth in the fourth quarter and 2009.� About Atlantic Energy Solutions Inc. Atlantic Energy, founded in 1992, 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 a satellite office in Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to boaster 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 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 forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Atlantic Energy Solutions (PK) (USOTC:AESO)
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Atlantic Energy Solutions (PK) (USOTC:AESO)
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