CGE Energy Inc (CGEI)

[Saving Grace]

$CGEI News Out!

CGE Energy Marks $100 Million Saved for Growing Customer Base

BRIGHTON, Mich., Aug. 15, 2017 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI), the leading engineer of no capital cost energy solutions, today announced it has surpassed more than $100,000,000 in energy savings for its business, local government and non-profit customers. This significant milestone underscores the large, growing demand for CGE Energy’s sustainable energy solutions.

A photo accompanying this announcement is available at www.globenewswire.com/NewsRoom/AttachmentNg/8120654a-80fd-4bf2-9a1e-c316a02235fc

Launched in Q1 of 2017, CGE Energy’s exclusive “Sustain” program has gained quick traction, with the first eight projects representing approximately $7.7 Million in contracts for CGE. CGE’s detailed business plan includes expansion into five strategically selected geographical areas of the U.S., scaling up an established marketing tactics and growing its network of sales affiliates.

The five-year business plan is being executed with the goal to create a portfolio 700 hand-selected project partners. When installed, the customer’s future energy savings for this portfolio is projected to be greater than $2.6 Billion.

In addition to collectively saving over $100,000,000 in energy savings to date, customers of the company avoided emitting 1.35 Billion pounds of carbon dioxide greenhouse gas emissions by utilizing CGE’s solutions to meet their environmental goals.

Environmental impact is only one side of the equation. Energy has a direct social effect on many areas of a given organization. CGE’s vision is to take wasted energy resources, turn it into continuous savings for the customer, to then be used to pay it forward in community impact. These energy savings can be re-invested to create American jobs or donated to charities important to the customer.

“Our programs have been instrumental in reducing energy consumption that saves our customers millions, and soon billions, of dollars on their energy bills,” said Bryan Zaplitny, President and CEO of CGE. “Our work is to make a difference and we are proud to partner with our clients to drive lasting, social impact.”

Media Contact: Paul Schneider 248-446-1344, [e-mail]

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