EuroSite Power

EuroSite Power is a majority-owned subsidiary of American DG Energy Inc and has been established to expand its successful on-site utility business into the UK and Europe.

EuroSite Power sells the energy produced on-site by highly efficient low carbon technologies as a risk-free alternative to the outright purchase and operation of the equipment.

EuroSite provides, finance, install, own, operate and maintain complete co-generation and cooling systems tailored to a customer’s specific site requirements. The result is lower energy costs from the first day of operation.

EuroSite calls this approach an on-site utility and American DG Energy Inc is the leading on-site utility offering electricity, heat, hot water and cooling to commercial, institutional and industrial customers across the USA. With roots dating back to the 1950s, American DG Energy has seen significant growth in its installed base of owned sites and systems.

Customers can be found in the healthcare sector (assisted living, long-term care and hospitals), multi-tenant housing, hotels, schools, colleges, leisure centres, food processing, industrial and other types of properties.

Founded in 2001 by Dr John and Dr George Hatsopoulos, the founders of Thermo Electron Corporation which is now Thermo Fisher Scientific (NYSE: TMO), American DG Energy became public in 2007 and is now traded on the New York Stock Exchange’s Amex exchange (NYSE Amex) under the ticker symbol ADGE.