News and Announcements
Switch Energy Global Enters Polish Market
- Published June 14, 2013 4:03PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
The Board of Switch Energy Global is pleased to announce that the Company has entered the Polish/EU deregulated energy market for small embedded networks.
An embedded network is a privately owned network with a main distributor meter with all downstream electricity being provided by the Embedded Network Operator. Embedded network provides ongoing long term 10-15 year(s) revenue business model on a total end to end turnkey solution. The first embedded network pilot is currently being installed and within the next 90 to 120 days a tentative order for an estimated value of €1.5Million will be placed.
SEG has also quoted on the supply of meters for a total value of USD $60 Million for the Middle East and will keep investors informed of its progress.
SEG Managing Director, Mr John Tuczynski said ” the opportunities that are now being presented to SEG are set to provide our company with exponential growth in the next 18 months.”
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For further information contact:
Andrew Meehan
Chief Executive Officer +61 416 174 567
12 June 2013
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