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Ilios Continues to Expand Into New Markets with Sale in Puerto Rico
WALTHAM, Mass., May 7, 2015 /PRNewswire/ -- Ilios Dynamics Inc., a subsidiary of Tecogen® Inc. (NASDAQ: TGEN) today announced the sale of an Ilios HEWH-500-WS and an Ilios HEWH-500-AS; water-source and air-source gas engine-driven heat pumps, respectively. The Ilios units, sold to Cogen RightFit, will be installed at two major multinational pharmaceutical manufacturing facilities. Cogen RightFit, LLC is a joint venture between ESCOPR, one of Puerto Rico's premier energy conservation providers and Tropigas Puerto Rico, one of the largest LPG (Liquefied Petroleum Gas) suppliers on the island. "We are very excited to be working together with Cogen RightFit," said Stephen Lafaille, Ilios Product Manager. "ESCOPR has a great reputation on the island for providing engineered efficiency solutions and Tropigas is a major LPG supplier delivering competitive fuel pricing for customers – it's truly a winning combination. The energy costs are very high in Puerto Rico and the Ilios products deliver an immediate impact on the bottom line with minimal capital investment; a reduction in greenhouse gas emissions and reduced pollutant emissions with Tecogen's patented Ultra™ after-treatment system." "The sale of these Ilios units is just the beginning for us in Puerto Rico, said Jorge Hernandez, President of ESCOPR and Partner of Cogen RightFit, LLC. We are interested in not only the Ilios heat pumps but also all of Tecogen's packaged CHP products such as cogeneration modules and large gas-engine driven chillers. There is an incredible customer base here in Puerto Rico with many manufacturing and industrial clients, almost all of which have massive needs for process heating, cooling, and electricity, and often times all three simultaneously. These products will also be a great fit in the resort and hospitality sector which are increasingly becoming aware of their energy use and are looking to make energy reductions to improve their bottom line as well as their sustainable image." "We see highly efficient, packaged CHP products such as the Ilios heat pump as an opportunity to sustainably grow our LPG business and continue to offset heavy fuel oils which unfortunately are still used in many industrial facilities on the island. These products will not only help convert our clients to clean burning LPG but they will do it in a way that saves them energy and reduces the carbon impact of their facility," said Humberto Berrios, President of Tropigas Puerto Rico and Cogen RightFit partner. About Ilios Dynamics About Cogen RightFit, LLC. About ESCOPR About Tropigas Puerto Rico About Tecogen In business for over 20 years, Tecogen has shipped more than 2,000 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit www.tecogen.com. Tecogen Media Contact Information: Tecogen Investor Contact Information: SOURCE Ilios Dynamics Inc. |