Salford based renewable energy company ENER-G has won its first contract in the United States with a £4m contract to install a green power system at a New Jersey university
The group, which designs, develops, operates and finances renewable energy systems, has been recruited by Saint Peter’s College in the début deal for ENER-G Group, its new US based subsidiary.
The £4m investment is being funded by ENER-G at no upfront cost to the college, which will be partially offset by two clean energy grants from the New Jersey Clean Energy Program and Federal Tax Credits, which total almost £1.2m.
The project includes solar panels and a combined cooling, heat and power plant, designed and manufactured in Salford, which will supply heat, electricity and cooling for the college. The system will be complimented by upgrades to the college’s heating, lighting and air conditioning infrastructure.
The nine month program is scheduled for completion in summer 2012.
Chris Hayton, business development director for ENER-G Group, said: “We are delighted to open our new ENER-G Inc business in the USA and to partner with Saint Peter’s College and local engineering businesses and suppliers to deliver this complex energy services contract.
“We will continue to grow, and fund and deliver low and zero carbon projects across the Eastern Seaboard, exporting our UK technologies and expertise.”
ENER-G, which operates in 18 countries, has 760 staff worldwide including 300 in Salford.
Last year the firm posted a turnover of £130m, up 34 per cent, with almost half of revenues generated by exports