Blue Sphere Corp. (BLSP)

[stephen218]

BLSP Blue Sphere Corporation Shares Updated Corporate Presentation
ACCESSWIRE
ACCESSWIRESeptember 25, 2018, 10:20 AM EDT
CHARLOTTE, NC / ACCESSWIRE / September 25, 2018 / Blue Sphere Corporation (BLSP), an international Independent Power Producer (IPP) in the clean energy and waste-to-energy markets, has published an updated corporate presentation on its website that highlights the Company's development phase pipeline as well as current and completed acquisitions and developments.

Shlomi Palas, Chief Executive Officer of Blue Sphere, commented, ''2018 has been a challenging year for Blue Sphere and yet our team continues on with our work and the Company is presently in the process of achieving significant milestones. We are providing this updated presentation to be sure that our shareholders understand that we are working diligently towards our goals and a bright future is ahead of us once we get past current challenges. We hope to provide our shareholders with further updates on each project as milestones are met. I am very proud of the perseverance and toughness of our team as we continue to drive Blue Sphere forward''

Presentation Highlights:

Development Phase Pipeline:

13 plants in the development/acquisition phase totaling 65.4MW equivalent:

7 Italian plants totaling 12MW (4 acquisition deals and 3 new construction)

3 United Kingdom plants totaling 36MW

1 Canadian plant totaling 7.6MW

1 Israeli plant totaling 2.5MW

1 US plant totaling 7.3MW equivalent

Current Development:

Brabant, Holland - Estimated Annual Revenue $22 Million

Completed Developments:

North Carolina, USA - Expected annual revenue $10M

Approximately $586K due to Blue Sphere upon mechanical completion

Rhode Island, USA - Expected annual revenue $7M

Approximately 562K due to Blue Sphere upon mechanical completion

Completed Acquisition:

Pavia, Italy - Expected annual revenue $9.6M for the next 10 Years

Udine, Italy- Expected annual revenue $2.5M for the next 10 Years

The updated September 2018 corporate presentation can be accessed and downloaded using the following link:

http://bluespherecorporate.com/wp-content/uploads/2018/09/BlueSphere-September2018WEB.pdf