Tecogen acquires a balance of plant contracts in Canada. Currently, Tecogen is servicing the cogeneration units but does not service ancillary equipment. This contract is an expansion of the existing agreements and will result in approximately $400,000 to $500,000 annually in additional revenue for our Canadian service center.
"I'm pleased to see that customers are choosing to expand the scope of services with us," said Abinand Rangesh, Tecogen's CEO. "This addition to our existing service offering in Canada allows us to not only increase our recurring revenue but sets us up well for future expansion in Ontario."
For more information:
Tecogen
Dalton Allaben, Communications manager
[email protected]
www.tecogen.com