Bridgepoint Announces Agreement as Authorized Representative of Leading Edge Micro Grid Technology
April 7th, 2016
FOR IMMEDIATE RELEASE
Toronto, Ontario – April 7, 2016 – Bridgepoint Group Ltd. (“Bridgepoint”) is pleased to announce that it has entered into an agreement with Green Shields Energy Inc. (“GSE”), the North American exclusive licensee, to act as an Authorized Representative of its ground breaking “daylight” heat engine technology.
The HONE heat engine uses a proprietary collector technology to harvest and create Nano-blocks of light, and pumps the Nano heat engine, all using daylight. The latest HONE engine achieves a greater than 600 COP (Coefficient of performance). Bridgepoint will bring this technology set to a number of industrial commercial, institutional and multi residential customers in Canada, United States and Caribbean. The net effect to customers is to reduce their reliance on the electrical grid and create micro grid systems in a very cost effective way. Bridgepoint will utilize an “Energy-as-a-Service” model for customers with long term service agreements for green thermal energy and/or electricity.
“This proven micro grid solution makes customers king, and while there is plenty of interest to install these systems, the key is to ensure that the conceptual designs match customers’ overall needs going forward,” stated Frank Carnevale, President & CEO of Bridgepoint. “We’re excited to own these alternative assets over the long run, and provide customers with lowest cost renewable energy and resiliency.”
Bridgepoint is developing a few pilot projects in the Greater Toronto Area in the coming months, and will develop strategic partnerships to scale deployment and systems across North America.
About Bridgepoint Group Ltd.
Established in 1998, Bridgepoint Group Ltd. is a boutique consulting, advisory and merchant banking firm that focuses on business development strategies and execution of sustainability, energy and infrastructure solutions.
President & CEO
Bridgepoint Group Ltd.