Blue Earth, Inc. (OTC BB: BBLU)
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RedChip Companies, Inc.
Blue Earth Announces 48 Kilowatt Contract in City of Industry, CA
6/21/2012 5:30:00 AM
HENDERSON, Nev., June 21, 2012 (GLOBE NEWSWIRE) -- Blue Earth, Inc. (BBLU) announced today that its wholly-owned subsidiary, Xnergy Inc., signed a 48 kilowatt commercial custom solar carport engineering, procurement and installation contract with Los Altos Foods Products, Inc., a manufacturer of unique cheeses and other food types in the City of Industry, California. The approximate value of the contract is $395,000.The Los Altos Foods Products solar shade structure has been designed to generate approximately 72,918 kWh of electrical power annually using one hundred sixty five of 295 watt Siliken high efficiency solar panels. The solar PV system will help reduce the facility's carbon footprint by offsetting the equivalent of 1,600 tons of CO2 over twenty --five years, in addition to creating annual electrical savings.
"We are very proud to support Los Altos Foods Products in their progressive efforts to become more sustainable and continue decreasing their carbon footprint. This type of forward thinking for a family owned and operated company not only provides significant energy and cost savings, but is also the right thing to do." stated D. Jason Davis, CEO of Xnergy Inc.
Xnergy is a full-service EPC (Engineering, Procurement, Construction) firm which has engineered, installed, and/or commissioned nearly 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 California and helps them minimize their energy consumption and reduce their carbon footprint.
The Los Altos Foods Products solar shade structure is expected to be completed in July of 2012.
BBLU is engaged in the clean technology industry with a primary focus on the energy efficiency and 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.
Forward Looking Statements
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.
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