DoubleTree by Hilton, Dunblane Hydro, Enjoys Savings with Zero Capital Outlay

Monday September 30th 2013

LONDON – September 30, 2013 – EuroSite Power Inc., (OTCQB: EUSP) an On-Site Utility, offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and leisure centers in the United Kingdom (UK) and Europe, is now operating a combined heat and power (CHP) system supplying clean energy to DoubleTree by Hilton, Dunblane Hydro, in Scotland.

Dunblane Hydro is the fifth Hilton operated property owned by The Ability Group commissioned under contract to EuroSite Power. The system has been designed to accommodate up to two 100kW CHP units although only one has been installed at this time. The second unit will be added when appropriate. Of the other sites covered by the same thirty year agreement, the Hilton Liverpool began operating in July 2012 followed by the Hampton by Hilton, Luton Airport, in November 2012, the Hilton London Syon Park in January 2013 and the DoubleTree by Hilton, Cambridge, in April 2013.

The five CHP systems now commissioned are set to produce approximately 6.5 million kWh of total energy per year. The Ability Group receives a discount on the energy produced by the CHP systems and reduces its carbon emissions from each property.

A spokesperson for The Ability Group said: “Working with EuroSite Power means no capital investment was required for the installation of the CHP systems and we are guaranteed savings, whatever happens to energy prices in the future.”

EuroSite Power now produces clean energy in the form of electricity, heating and domestic hot water for each hotel at a price lower than The Ability Group’s previous and future energy suppliers. Because The Ability Group opted for the company’s On-Site Utility solution, each hotel pays only for the energy used and avoids all capital, installation and operating costs. EuroSite Power also handles all service, maintenance and repairs meaning neither The Ability Group nor Hilton Worldwide need to provide manpower to support the energy equipment.

The CHP systems now operating at the five properties are expected to reduce emissions by 700 tons of carbon dioxide each year and, because good quality CHP is supported by the UK Government, the impact of the Climate Change Levy and CRC energy efficiency scheme are greatly reduced. The CRC is a mandatory scheme aimed at improving energy efficiency and reducing emissions in large public and private sector organizations in the UK.

Paul Hamblyn, Managing Director of EuroSite Power, said: “We are pleased to announce the successful commissioning of the fifth CHP system provided to The Ability Group under this contract. This latest installation brings the total capacity of On-Site Utility systems in operation to 1,010 kWe.”