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Dalrada Financial Corporation Signs Contract with France-Based Onet Group for Heat Pump Installation in Light Industrial Facility

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Dalrada Financial (OTCQB:DFCO) has signed a contract with Onet Group, a global building maintenance services leader, for the purchase and installation of Dalrada heat pumps in a Spanish light industrial facility. The initial contract, valued at 260,000 euros, marks the beginning of a potentially expansive partnership. Dalrada is already in the design phase for two additional Onet client installations.

This agreement opens doors to Onet's 140 managed facilities across France and Spain, aligning with both companies' commitment to sustainability. The partnership aims to help Onet's clients meet new European efficiency and emissions standards. Revenues from this contract will be reflected in Dalrada's September quarter, potentially signaling the start of significant growth in the European market.

Dalrada Financial (OTCQB:DFCO) ha firmato un contratto con Onet Group, leader nei servizi di manutenzione degli edifici a livello globale, per l'acquisto e l'installazione delle pompe di calore Dalrada in una struttura industriale leggera in Spagna. Il contratto iniziale, del valore di 260.000 euro, segna l'inizio di una potenziale partnership espansiva. Dalrada è già nella fase di progettazione per due ulteriori installazioni presso clienti di Onet.

Questo accordo apre le porte a 140 strutture gestite da Onet in Francia e Spagna, allineandosi con l'impegno di entrambe le aziende per la sostenibilità. La partnership mira ad aiutare i clienti di Onet a rispettare i nuovi standard europei di efficienza e emissioni. I ricavi derivanti da questo contratto saranno riflessi nel trimestre di settembre di Dalrada, segnando potenzialmente l'inizio di una significativa crescita nel mercato europeo.

Dalrada Financial (OTCQB:DFCO) ha firmado un contrato con Onet Group, líder en servicios de mantenimiento de edificios a nivel global, para la compra e instalación de bombas de calor Dalrada en una instalación industrial ligera en España. El contrato inicial, valorado en 260.000 euros, marca el inicio de una asociación potencialmente expansiva. Dalrada ya está en la fase de diseño para dos instalaciones adicionales de clientes de Onet.

Este acuerdo abre puertas a las 140 instalaciones gestionadas por Onet en Francia y España, alineándose con el compromiso de ambas compañías hacia la sostenibilidad. La asociación tiene como objetivo ayudar a los clientes de Onet a cumplir con los nuevos estándares europeos de eficiencia y emisiones. Los ingresos de este contrato se reflejarán en el trimestre de septiembre de Dalrada, lo que podría señalar el comienzo de un crecimiento significativo en el mercado europeo.

Dalrada Financial (OTCQB:DFCO)는 Onet Group과 계약을 체결했습니다. Onet Group은 글로벌 건물 유지 관리 서비스 분야의 선두주자이며, 스페인 경량 산업 시설에 Dalrada 열펌프를 구매 및 설치하는 계약입니다. 초기 계약은 260,000 유로의 가치가 있으며, 잠재적으로 광범위한 파트너십의 시작을 의미합니다. Dalrada는 이미 Onet 고객 설치를 위한 두 개의 추가 디자인 단계에 있습니다.

이번 계약은 Onet의 프랑스와 스페인 전역의 140개 관리 시설로의 접근을 허용하며, 두 회사의 지속 가능성에 대한 약속과 일치합니다. 이 파트너십은 Onet의 고객들이 새로운 유럽의 효율 및 배출 기준을 충족하도록 돕는 것을 목표로 합니다. 이 계약으로 인한 수익은 Dalrada의 9월 분기에 반영되어, 유럽 시장에서의 중요한 성장 시작을 알릴 수 있습니다.

Dalrada Financial (OTCQB:DFCO) a signé un contrat avec Onet Group, un leader mondial des services de maintenance des bâtiments, pour l'achat et l'installation de pompes à chaleur Dalrada dans une installation industrielle légère en Espagne. Le contrat initial, d'une valeur de 260 000 euros, marque le début d'un partenariat potentiellement expansif. Dalrada est déjà en phase de conception pour deux installations supplémentaires chez des clients d'Onet.

Ce partenariat ouvre des portes aux 140 installations gérées par Onet en France et en Espagne, s'alignant sur l'engagement des deux entreprises en faveur de la durabilité. Ce partenariat vise à aider les clients d'Onet à respecter les nouvelles normes européennes en matière d'efficacité et d'émissions. Les revenus de ce contrat seront reflétés dans le trimestre de septembre de Dalrada, signalant potentiellement le début d'une croissance significative sur le marché européen.

Dalrada Financial (OTCQB:DFCO) hat einen Vertrag mit der Onet Group unterschrieben, einem globalen Marktführer im Bereich der Gebäudeinstandhaltungsdienste, für den Kauf und die Installation von Dalrada-Wärmepumpen in einer spanischen Leichtindustrieanlage. Der ursprüngliche Vertrag, der mit 260.000 Euro bewertet wird, markiert den Beginn einer potenziell expansiven Partnerschaft. Dalrada befindet sich bereits in der Planungsphase für zwei weitere Installationen bei Onet-Kunden.

Diese Vereinbarung eröffnet Zugang zu den 140 von Onet verwalteten Einrichtungen in Frankreich und Spanien, was mit dem Engagement beider Unternehmen für Nachhaltigkeit übereinstimmt. Die Partnerschaft zielt darauf ab, den Kunden von Onet zu helfen, die neuen europäischen Effizienz- und Emissionsstandards zu erfüllen. Die Einnahmen aus diesem Vertrag werden im Septemberquartal von Dalrada ausgewiesen, was möglicherweise den Beginn eines bedeutenden Wachstums im europäischen Markt signalisiert.

Positive
  • Secured a 260,000 euro contract with Onet Group for heat pump installation
  • Potential expansion to 140 managed facilities across France and Spain
  • Two additional Onet client installations in design and engineering phase
  • Revenue from the contract to be reflected in September quarter
  • Partnership aligns with European efficiency and emissions standards
Negative
  • None.

Initial agreement is expected to accelerate additional opportunities across multiple French and Spanish facilities, expanding Dalrada's European footprint.

SAN DIEGO, CA / ACCESSWIRE / September 12, 2024 / Dalrada Financial Corporation (OTCQB:DFCO), ("Dalrada," "the Company"), announced today that it had finalized a contract with Onet Group ("Onet"), a global leader in building maintenance services, for the purchase and installation of Dalrada heat pumps in a light industrial facility in Spain.

The initial contract, valued at 260,000 euros, will bring Dalrada's energy efficient heat pumps specifically designed for light commercial and industrial applications to a dedicated Onet client facility, with installation set to begin immediately.

Dalrada is also in the design and engineering phase of two new Onet client building installations, with accompanying contracts expected shortly.

While the planned installations represent only a small portion of Onet's 140 managed facilities-including 100 in France and 40 in Spain-the groundwork has been laid for an exciting future for Dalrada. Ultimately, the contract creates a symbiotic partnership that underscores both Dalrada and Onet's ongoing commitment to environmental stewardship and sustainable development. Revenues and initial orders from the first contract will be reflected in Dalrada's September quarter.

"Partnering with Onet gives us the opportunity to deliver advanced climate technology that will modernize and convert various facilities, allowing them to meet new European standards for efficiency and emissions," said David Pickett, Dalrada's Executive Vice President of Sales and Marketing. "Serving those areas while growing our reach is critical to our success not just in Europe, but beyond."

As a global engineering and infrastructure services expert, Onet maintains an active geographical presence in nine countries while providing service and support to over 20 countries. The group has grown consistently over the years, serving nearly 24,000 unique clients and generating a current revenue of 2.3 billion euros.

With the new contract, Dalrada has the opportunity to extend its proven sustainability benefits to a broader client base, assisting Onet in offering more environmentally-responsible solutions that empower large clients to reduce their carbon footprint and achieve their sustainability objectives much more effectively.

"This collaboration with Dalrada represents a crucial step towards helping our clients achieve their sustainability targets," said Javier Flores, Director of International Operational Performance at Onet. "By integrating Dalrada's advanced heat pumps with our engineering services, we are paving the way for more sustainable and efficient buildings," he added.

About Dalrada Financial Corporation

Dalrada Financial Corporation (OTCQB:DFCO) is a multi-national holding company that develops, manufactures, and sells a robust suite of products and services in the Clean Energy and Health Care sectors. Dalrada's core segments include Dalrada Climate Technology, which offers cutting-edge heat pump technology for industrial and residential applications, and Genefic Specialty Pharmacy, which provides end-to-end prescription services as well as patient advocacy and support.

Dalrada consistently drives innovation that delivers maximum impact, bringing increased value to its shareholders.

For more information, please visit www.dalrada.com, and follow us on LinkedIn, Facebook, Twitter, and YouTube.

About Onet Group

Founded in Marseille in 1860, the Onet Group is a France-based international engineering and infrastructure services expert that deploys innovative and responsible solutions to create healthier, safer, and more reliable environments. Through its cleaning, security, reception, logistics, airport services, engineering and nuclear services, maintenance, consulting, and sustainable real estate engineering activities, the group employs 80,000 people and generates revenues of 2.3 billion euros.

Forward-Looking Statements

Statements contained in this press release, other than statements of historical fact, particularly statements relating to cost reductions and the anticipated pre-tax savings from the cost reduction program, restructuring costs, footprint rationalization, simplifying and streamlining our operations, reducing complexity, enhancing the speed of decision-making, leveraging our sourcing capabilities and the timing of implementation and completion of the cost reduction program, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management based on information available to us at the time such statements are made. These statements, which are generally identifiable by the use of the words "will," "believe," "expect," "intend," "anticipate," "estimate," "forecast," "project," "plan," and similar expressions, are subject to certain risks and uncertainties, are made as of the date hereof, and we undertake no duty or obligation to update them. Forward-looking statements are subject to the occurrence of many events outside the Company's control and actual results and the timing of events may differ materially from those suggested or implied by such forward-looking statements due to numerous factors that involve substantial known and unknown risks and uncertainties. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the US Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.

Media contact: Michael Eslinger (meslinger@dalrada.com)

SOURCE: Dalrada Financial Corp.



View the original press release on accesswire.com

FAQ

What is the value of Dalrada's (DFCO) initial contract with Onet Group?

The initial contract between Dalrada Financial (DFCO) and Onet Group is valued at 260,000 euros for the purchase and installation of heat pumps in a light industrial facility in Spain.

How many facilities does Onet Group manage that could potentially use Dalrada's (DFCO) heat pumps?

Onet Group manages 140 facilities, including 100 in France and 40 in Spain, which could potentially use Dalrada's (DFCO) heat pumps in the future.

When will the revenue from Dalrada's (DFCO) contract with Onet Group be reflected?

The revenues and initial orders from the first contract with Onet Group will be reflected in Dalrada's (DFCO) September quarter.

What is the main purpose of Dalrada's (DFCO) heat pumps in the Onet Group contract?

Dalrada's (DFCO) heat pumps are designed to modernize and convert facilities to meet new European standards for efficiency and emissions, helping Onet's clients reduce their carbon footprint and achieve sustainability objectives.

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