Blue Earth Awarded Contract for Operation and Maintenance of a 5.3 MW CHP
Plant for KYOCERA America Inc.
HENDERSON, Nev., April 17, 2013 (GLOBE NEWSWIRE) -- Blue Earth, Inc.
(OTCQB:BBLU) announced today that its wholly owned subsidiary, Xnergy Inc.,
was awarded the plant operation and preventive maintenance contract for a 5.3
MW CHP power plant owned by KYOCERA America Inc., a leader in semiconductor
and microelectronic packaging products. Under the two-year agreement, Xnergy
will provide the Operation and Preventative Maintenance (O&M) service
necessary, including operating tasks, verification and checks along with
system reporting to keep the equipment in good operating order at KYOCERA's
San Diego based location.The energy plant electrical capacity is 5.3 MW.
Xnergy has extensive experience in O&M service and cogeneration plant
design.Benchmarcx, Xnergy's commissioning department, is a full service
building commissioning provider for new, existing, and renovation projects
serving Southern California.Through this department, Xnergy provides
start-up, commissioning and testing services for building electrical,
mechanical, process piping, HVAC systems and building automation, fire life
safety and process controls.Benchmarcx just completed the commissioning and
start-up of this CHP plant.
"The Commissioning and O&M contract activities of Xnergy are indicative of the
synergies that we expect to achieve through the close cooperation of Xnergy
with the pending EPCM team with large CHP contracts announced earlier this
week," stated Dr. Johnny R. Thomas, CEO of Blue Earth, Inc.
Justin Miller, Director of Business Development at Xnergy, says, "We are proud
to have been entrusted with the important task of implementing a plant
operation and preventive maintenance program for a facility as critical as the
central plant and cogeneration system at KYOCERA.This also illustrates how
our Departments within Xnergy are truly integrated and focused on providing
our customers a true full service for the life of the plants."
Xnergy is a full-service EPC (Engineering, Procurement, Construction) firm,
which has engineered, installed, and/or commissioned over a 100 MW of
traditional and alternative energy systems. Xnergy provides a broad range of
comprehensive energy solutions including the design and implementation of
energy savings projects, energy conservation, energy infrastructure
outsourcing, power generation and energy supply and risk management. Xnergy
serves private and public clients from all industries throughout the Western
United States, including Hawaii and helps them minimize their energy
consumption and reduce their carbon footprint.
BBLU is engaged in the clean technology industry with a primary focus on the
energy efficiencyand renewable energy sectors.We strive to participate in
the global movement for a sustainable planet by offering products and services
that will optimize energy use, reduce harmful environmental emissions and
substantially reduce energy costs to our customers.For more information about
Blue Earth, Inc. please visit www.blueearthinc.com.
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements other than statements of historical facts
included in this press release are forward-looking statements. These
statements relate to future events or to the Company's future financial
performance, and involve known and unknown risks, uncertainties and other
factors that may cause our actual results, levels of activity, performance or
achievements to be materially different from any future results, levels of
activity, performance or achievements expressed or implied by these
forward-looking statements. Investors should not place any undue reliance on
forward-looking statements since they involve known and unknown, uncertainties
and other factors which are, in some cases, beyond the Company's control which
could, and likely will, materially affect actual results, levels of activity,
performance or achievements. Any forward-looking statement reflects the
Company's current views with respect to future events and is subject to these
and other risks, uncertainties and assumptions relating to operations, results
of operations, growth strategy and liquidity. Such risks, uncertainties and
other factors, which could impact the Company and the forward-looking
statements contained herein are included in the Company's filings with the
Securities and Exchange Commission. The Company assumes no obligation to
publicly update or revise these forward-looking statements for any reason, or
to update the reasons actual results could differ materially from those
anticipated in these forward-looking statements, even if new information
becomes available in the future.
CONTACT: Investor Relations Contact:
Blue Earth, Inc.
John C. Francis
702.263.1808 Ext. 103
Liviakis Financial Communications, Inc.
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