Enterprise Group Announces Exclusive Agreement with World Leading Turbine Manufacturer
Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) has announced a strategic exclusivity agreement with FlexEnergy Solutions, a globally recognized turbine manufacturer. The five-year agreement positions Enterprise's subsidiary, Evolution Power Projects (EPP), as the sole provider of short-term turbine and microturbine applications across all commercial and industrial sectors in Alberta and British Columbia.
This partnership allows EPP to exclusively supply cutting-edge, efficient turbine units for temporary power needs in these key Canadian markets. The agreement also includes a reciprocal referral arrangement between EPP and FlexEnergy Solutions, enhancing customer service and ensuring clients receive the most effective energy solutions.
Enterprise Group CEO Leonard Jaroszuk stated that this agreement represents a significant milestone in their strategic growth initiatives, strengthening their market position as a comprehensive energy solutions provider.
Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) ha annunciato un accordo di esclusività strategica con FlexEnergy Solutions, un produttore di turbine di fama mondiale. L'accordo quinquennale posiziona la sussidiaria di Enterprise, Evolution Power Projects (EPP), come unico fornitore di applicazioni temporanee di turbine e microturbine in tutti i settori commerciali e industriali in Alberta e Columbia Britannica.
Questa partnership consente a EPP di fornire esclusivamente unità turbine moderne ed efficienti per le esigenze di energia temporanea in questi importanti mercati canadesi. L'accordo include anche un accordo di referral reciproco tra EPP e FlexEnergy Solutions, migliorando il servizio clienti e garantendo ai clienti le soluzioni energetiche più efficaci.
Il CEO di Enterprise Group, Leonard Jaroszuk, ha dichiarato che questo accordo rappresenta una tappa significativa nelle loro iniziative di crescita strategica, rafforzando la loro posizione di mercato come fornitore completo di soluzioni energetiche.
Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) ha anunciado un acuerdo de exclusividad estratégica con FlexEnergy Solutions, un fabricante de turbinas de reconocimiento mundial. El acuerdo de cinco años posiciona a la subsidiaria de Enterprise, Evolution Power Projects (EPP), como el único proveedor de aplicaciones de turbinas y microturbinas a corto plazo en todos los sectores comerciales e industriales en Alberta y Columbia Británica.
Esta colaboración permite a EPP suministrar exclusivamente unidades de turbina de última generación y eficientes para necesidades de energía temporal en estos mercados clave canadienses. El acuerdo también incluye un acuerdo de referencia recíproca entre EPP y FlexEnergy Solutions, mejorando la atención al cliente y garantizando que los clientes reciban las soluciones energéticas más efectivas.
El CEO de Enterprise Group, Leonard Jaroszuk, declaró que este acuerdo representa un hito significativo en sus iniciativas de crecimiento estratégico, fortaleciendo su posición en el mercado como proveedor integral de soluciones energéticas.
Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF)는 세계적으로 인정받는 터빈 제조업체인 FlexEnergy Solutions와 전략적 독점 계약을 발표했습니다. 5년 계약은 Enterprise의 자회사인 Evolution Power Projects (EPP)를 앨버타와 브리티시컬럼비아의 모든 상업 및 산업 부문에 걸쳐 단기 터빈 및 마이크로 터빈 응용 프로그램의 유일한 공급자로 설정합니다.
이 파트너십은 EPP가 이러한 주요 캐나다 시장에서 임시 전력 수요를 위한 최첨단 효율적인 터빈 장치를 독점적으로 공급할 수 있도록 합니다. 이 계약은 또한 EPP와 FlexEnergy Solutions 간의 상호 추천 배치를 포함하여 고객 서비스를 향상시키고 고객이 가장 효과적인 에너지 솔루션을 받을 수 있도록 합니다.
Enterprise Group의 CEO인 Leonard Jaroszuk는 이 계약이 그들의 전략적 성장 이니셔티브에서 중요한 이정표를 나타내며, 종합적인 에너지 솔루션 제공업체로서의 시장 위치를 강화한다고 밝혔습니다.
Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) a annoncé un accord d'exclusivité stratégique avec FlexEnergy Solutions, un fabricant de turbines de renommée mondiale. L'accord de cinq ans positionne la filiale d'Enterprise, Evolution Power Projects (EPP), comme le seul fournisseur d'applications temporaires de turbines et de microturbines dans tous les secteurs commerciaux et industriels en Alberta et Colombie-Britannique.
Ce partenariat permet à EPP de fournir exclusivement des unités de turbine de pointe et efficaces pour des besoins d'énergie temporaire sur ces marchés canadiens clés. L'accord comprend également un accord de référence mutuelle entre EPP et FlexEnergy Solutions, améliorant le service client et garantissant aux clients de recevoir les solutions énergétiques les plus efficaces.
Le CEO d'Enterprise Group, Leonard Jaroszuk, a déclaré que cet accord représente une étape importante dans leurs initiatives de croissance stratégique, renforçant leur position sur le marché en tant que fournisseur complet de solutions énergétiques.
Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) hat eine strategische Exklusivitätsvereinbarung mit FlexEnergy Solutions, einem weltweit anerkannten Turbinenhersteller, bekannt gegeben. Die fünfjährige Vereinbarung positioniert die Tochtergesellschaft von Enterprise, Evolution Power Projects (EPP), als einzigen Anbieter von kurzfristigen Turbinen- und Mikroturbinenanwendungen in allen kommerziellen und industriellen Sektoren in Alberta und British Columbia.
Diese Partnerschaft ermöglicht es EPP, exklusive fortschrittliche, effiziente Turbineinheiten für vorübergehende Energiebedarfe in diesen wichtigen kanadischen Märkten zu liefern. Die Vereinbarung umfasst auch ein gegenseitiges Empfehlungsabkommen zwischen EPP und FlexEnergy Solutions, das den Kundenservice verbessert und sicherstellt, dass die Kunden die effektivsten Energielösungen erhalten.
Der CEO von Enterprise Group, Leonard Jaroszuk, erklärte, dass dieses Abkommen einen bedeutenden Meilenstein in ihren strategischen Wachstumsinitiativen darstellt und ihre Marktposition als umfassender Anbieter von Energielösungen stärkt.
- Exclusive agreement with FlexEnergy Solutions for turbine and microturbine applications
- Five-year exclusivity in Alberta and British Columbia markets
- Strengthens market position as a comprehensive energy solutions provider
- Reciprocal referral arrangement with FlexEnergy Solutions
- Expansion of product offerings with cutting-edge, efficient turbine units
- None.
St. Albert, Alberta--(Newsfile Corp. - September 26, 2024) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (hereinafter referred to as "Enterprise"). Enterprise, a consolidator of energy services (including specialized equipment and services to the energy/resource sector), emphasizes technologies that mitigate, reduce, or eliminate CO2 and Green House Gas (GHG) and other harmful emissions for small local and Tier One resource clients, is pleased to announce a new strategic exclusivity agreement with FlexEnergy Solutions, a globally recognized original equipment manufacturer of turbine and microturbine power generation equipment. This landmark agreement positions Enterprise and it's wholly owned subsidiary Evolution Power Projects (hereinafter referred to as "EPP") as the sole provider of short-term turbine and microturbine applications across all commercial and industrial sectors in Alberta and British Columbia.
The five-year agreement, underscores EPP's commitment to expanding its market presence and delivering state-of-the-art energy solutions in key Canadian markets. Under this agreement, EPP will exclusively supply cutting-edge, efficient turbine units for temporary power needs, reinforcing its leadership in the energy sector.
"This agreement represents a significant milestone in our strategic growth initiatives," said Leonard Jaroszuk, CEO of Enterprise Group. "Partnering with a world-class turbine manufacturer not only enhances our product offerings but also strengthens our market position as a comprehensive energy solutions provider."
"We are excited about our new partnership with Evolution Power Projects, as it demonstrates the growing market acceptance of our solution for clean, reliable, and cost-effective power generation," said Doug Baltzer, Chief Executive Officer of FlexEnergy Solutions. "Evolution Power Projects has developed into our newest and fastest-growing partner, and we are pleased to strengthen our relationship with them as we look to our next chapter of growth. Our turbine is well-suited for them to deliver a comprehensive solution to customers in the challenging environment in which they operate."
In addition to exclusivity, the agreement includes a reciprocal referral arrangement whereby both EPP and FlexEnergy Solutions will direct clients to one another based on the specific long-term or short-term energy needs of the client. This collaborative approach is designed to enhance customer service and ensure that clients receive the most effective and efficient energy solutions available. The exclusivity agreement is effective immediately.
About Enterprise Group, Inc.
Enterprise Group, Inc ($E.TO | $ETOLF) is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce or eliminate CO2 and Greenhouse Gas emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.com. For questions or additional information, please contact:
Leonard Jaroszuk: Chairman & CEO, or
Desmond O'Kell: President & Director
contact@enterprisegrp.ca
780-418-4400
About FlexEnergy Solutions
FlexEnergy Solutions is a leader in clean, reliable, on-demand power solutions for industrial and commercial institutions that require consistent, reliable power in 250 kW, 333 kW, and 2 MW offerings. We lease and service the most resilient, clean gas turbines available for off-grid or grid parallel applications. Our turbines are ideal for remote, extreme climates and our customers rely on our ability to deliver the highest quality engineering, power, and support 24/7, 365 days per year.
For more information, please visit www.flexenergy.com.
Forward-Looking Information This news release may contain certain forward-looking information, as defined under applicable Canadian securities legislation, that is not based on historical fact, including without limitation statements containing the words "believes," "anticipates," "plans," "intends," "will," "should," "expects," "continue," "estimate," "forecasts" and other similar expressions. In particular, this news release includes forward-looking information relating to the Facility and the Company's intention to pursue acquisition opportunities and to purchase shares pursuant to the normal course issuer bid. Actual results, events, or developments could be materially different from those expressed or implied by these forward-looking statements. There is no assurance that any of the events or expectations will occur or be realized. By their nature, forward-looking statements are subject to numerous assumptions and risk factors including those discussed in the Company's Annual Information Form and most recent MD&A which are incorporated herein by reference and are available through SEDAR at www.sedarplus.com. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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