Frontline Power Solutions (FPS) of SinglePoint Inc. Closes 3.1 Million kWh Energy Services Contract with National Property Management Firm
SinglePoint, Inc. (OTCQB: SING) has announced the successful closure of a 3.1 million kWh energy services contract with a national property management firm, resulting in approximately $800,000 in savings for the client. This achievement, attributed to Frontline Power Solutions, marks the second significant energy contract for the company, signifying its growing capability in the sector. Frontline Power Solutions, operating in 15 states, specializes in electric and gas contracts for commercial entities in deregulated markets. CEO Wil Ralston expressed optimism about Frontline's potential, citing the integrated approach that could enhance business across various energy sectors.
- Closing of a 3.1 million kWh energy services contract.
- Client savings of approximately $800,000.
- Second large energy contract achieved by Frontline Power Solutions.
- Operational expansion in 15 states indicating business growth potential.
- None.
Frontline Power Solutions is a licensed energy services company, or "ESCO," operating in fifteen (15) states and providing electric and gas contracts to commercial companies in deregulated states. With 20 years of energy experience, Frontline Power Solutions' deep relationships provide detailed energy procurement and curtailment strategies for commercial businesses.
About Frontline Power Solutions
Frontline Power Solutions (FPS) is a comprehensive energy solutions company equipped with industry experts who have been on the "frontline" of energy procurement, sales, marketing, analysis, and information technology in the power industry since the dawn of deregulation. The combined intellectual and leveraged resources translate to unmatched value for their customers. FPS provides full-service power supply solutions, including supply, billing, auditing, renewable energy supply, efficiency consulting, and incentive coordination for large or small enterprises.
About
SinglePoint is a sustainable lifestyle Company in the solar energy and air purification markets. The Company plans to build the largest renewable energy solutions network and modernize the traditional solar energy and energy storage business model. SinglePoint continues to execute its acquisition strategy by exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and healthier life. For more information, visit the Company's websites: www.singlepoint.com, www.bostonsolar.us, and www.boxpureair.com.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, besides statements of fact included in this release, including, without limitation, statements regarding revenue projections, financing opportunities, potential plans and objectives of the Company, anticipated growth, and future expansion, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical and other complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Investor Contact:
Tra-Digital IR
Investors@SinglePoint.com
(212) 389 - 9782 ext. 107
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