25th May 2016 10:02
LONDON (Alliance News) - PowerHouse Energy Group PLC on Wednesday said it has signed a commercial cooperation agreement with PowerHouse Energy Americas.
Under the agreement, PowerHouse Energy Americas will exclusively buy and use the PowerHouse G3-UHt systems for waste-to-energy projects.
PowerHouse Energy Americas is a wholly independent contract development company founded by David Moard, an original founder of PowerHouse Energy Group.
PowerHouse said the commercial terms of the agreement will be determined by the demands of each project undertaken.
Shares in Powerhouse Energy Group were down 11% to 0.85 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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