Loudspring portfolio company Enersize signs revenue sharing agreement with Beijing Foton Cummins

Press release

Enersize has signed a four-year revenue sharing agreement with Chinese diesel engine manufacturer Beijing Foton Cummins. The plant uses between 7,000-8,000 MWh / year, the savings are estimated to be 20-30% of which Enersizes part of the total savings are estimated at approximately 50%. Loudspring owns 35.6% of Enersize.

For full release: http://enersize.com/news/

Loudspring CEO Alexander Lidgren comments: “When a customer decides to convert an installation contract into a revenue sharing contracts it means that Enersize has clearly shown that savings can be made. This type of deal is gratifying to see and again shows that Enersize is moving customers forward from interest to installations to revenue sharing.”

Loudspring in brief

Loudspring is a company group focused on saving natural resources, with offices in the Nordics and California. The Loudspring companies are active on global markets in five sectors: energy, real estate, fashion, food and manufacturing. Loudspring management consists of company builders combining positive environmental impact with business for over a decade.

The company group is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.

www.loudspring.earth

LinkedIn: https://www.linkedin.com/company/loudspring/

Twitter: @loudspring

IG: @loudspring_earth

FB: @loudspringco

Contact information:

Joshua Burguete-Kirkman, Communications Director of Loudspring Plc. Tel. +46 70968 5584, joshua.kirkman@loudspring.earth