American DG Energy Agrees to Provide Clean Energy to Penacook Place

American DG Energy Inc. (BULLETIN BOARD: ADGE) , a leading On-Site Utility offering clean electricity, heat, hot water and cooling to hospitality, healthcare, housing and athletic facilities, has entered into a fifteen-year agreement to supply energy to Penacook Place, an independent not-for-profit nursing and rehabilitation facility, located in Haverhill, Massachusetts. Under the terms of the agreement, Penacook Place will soon receive a sizable portion of its energy from an on-site 75kW cogeneration facility, which will be owned and operated by American DG Energy. The value of the agreement to American DG Energy is estimated to be $2 million over the program term.

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