+44 (0) 800 028 8001
 

News Releases

Haven Hotel Now Saving With Eurosite Power
Second On-Site Utility Solution Providing Immediate Savings

WALTHAM, Mass. – April 1, 2015 – EuroSite Power Inc., (OTCQB: EUSP) an On-Site Utility™ solutions provider, offering clean electricity, heat, hot water and cooling solutions to healthcare, hospitality, housing and leisure centers in the United Kingdom (UK) and Europe, is now operating a 100 kW combined heat and power (CHP) system at The Haven Hotel, Poole, UK.   

The CHP system now operating at The Haven Hotel is the second of two systems installed for FJB Hotels under two agreements worth approximately £3.78 (US$6.26) million that EuroSite Power announced last year.  Under the terms of the 15 year agreements, highly efficient CHP systems have been installed and are now being operated by EuroSite Power at FJB Hotel’s Sandbanks Hotel and The Haven Hotel, Poole.  The hotels are now buying efficient energy produced by the systems from EuroSite Power at a rate guaranteed to be lower than if the hotels were to still be buying directly from the grid.  

The CHP system at The Haven Hotel will produce up to 1,733,866 kWh of total energy per annum, while saving up to 246 tonnes of CO2 – equivalent to taking 52 cars off the road each year. EuroSite’s portfolio of 33 contracted UK systems now has a value to the company of £53.1(US$79.69) million from units totalling 3,340 kW electrical capacity.  

The Haven Hotel in Poole is on the very tip of the Sandbanks peninsula at the entrance of Poole Harbour.  With 84 guest rooms furnished and equipped to four-star standard, facilities include a spa with a wide range of beauty, aromatherapy and therapeutic treatments, gym, indoor sauna, steam room and outdoor hot tub, indoor hydrotherapy pool with three spa pools and swim-fit spa, heated outdoor swimming pool, all-weather floodlit tennis court and aerobic studio.  

FJB Hotels is part of the FJB Collection which owns and operates a number of hotels with associated bars, restaurants, spas and leisure complexes.  

Paul Hamblyn, Managing Director of EuroSite Power, said: “Our operational fleet totals 24 systems now that the unit at The Haven Hotel has been successfully commissioned.”   

FJB Hotels Managing Director John Butterworth said: “We are very pleased that the second of the two systems is operating.  Keeping operating costs under control is vital to providing the very best value to our customers.  With nothing to pay upfront we have started saving on our energy bills from the moment each unit was switched on.” 

Tel: +44 (0) 800 028 8001
Sky View, Argosy Road
Castle Donington, Derby
DE74 2SA, UK
Linked InLinked In TwitterTwitter
Terms & Conditions | Privacy Policy
Code of Business Conduct and Ethics

Copyright - all rights reserved

EUROSITE POWER LIMITED

Company number 07379560

Dr. Elias Samaras

Chief Executive Officer

Dr Elias Samaras is the founder, president and managing director of Digital Security Technologies S.A. He was also the founder and president of Plefsis Information Systems S.A. and City Messengers. Elias holds a Master of Science degree from MIT, a Doctor of Philosophy from Columbia University in New York, where he was also a professor for several years and an OPM from Harvard Business School.

Paul Hamblyn

Chief Operating Officer

Paul Hamblyn is Chief Operating Officer of EuroSite Power Ltd with responsibility for strategic and new business development of the business.Paul is highly experienced in the energy sector having built an enviable track record prior to joining EuroSite Power. This includes strategic level roles with Corona Energy and the ENER-G Group including 3 years as the Managing Director of ENER-G Efficiency.A leading expert on UK carbon regulation Paul is a regular speaker at major conferences including those organised by the Major Energy Users Council, the Local Government Association and the Westminster Energy Forum. He is also a formerCouncil Member of the Energy Services and Technology Association (ESTA). Paul is a CIBSE accredited Low Carbon Consultant and Energy Assessor as well as principal author of the award-winning CRC Toolkit developed for the London Energy Project.

Chris Marsland

UK General Manger

Chris Marsland is UK General Manger of EuroSite Power Ltd. He leads the UK operational company and directs its operational and administrative functions. Prior to joining Eurosite Power, Chris built up years of sector expertise in senior positions including the role of Technical Director at Centrica Business Solutions, formerly ENER-G Combined Power Limited. He also Chaired the Association for Decentralised Energy Commercial Forum and is an Association Board Member. Chris earned a first-class bachelor’s degree in electronic engineering and is both a Chartered Engineer and Fellow of the Institute of Engineering & Technology.

Laura Chambers

Financial Controller & Company Secretary

Laura Chambers is EuroSite Power Ltd’s Financial Controller and Company Secretary. An experienced finance professional, Laura has undertaken financial planning and analysis roles at number of blue-chip businesses including Astra Zeneca. She also spent 7 years at Kellogg’s European Finance Services Centre (EFSC). Qualified as a Chartered Accountant at KPMG’s Manchester office, Laura brings strong organisational skills and broad finance experience to the team.

Stephen Butler

Head of Operations

Stephen Butler is EuroSite Power Ltd’s Head of Operations. Having joined the company in 2012 as Chief Engineer, Stephen has moved through the business into his current role. With an impressive resume that includes senior mechanical engineering roles at Thames Water and ENER-G Combined Heat and Power Ltd, Stephen brings strong operational, project management and technical experience to the team. He is a Technician Member of the Institution of Engineering and Technology (TMIET).

Martin Evans

UK Sales Manager

Martin Evans is our UK Sales Manager. A well-known and seasoned energy sector specialist, he brings a wealth of commercial experience - from start-ups to corporate level engagement – to our team. With a career spanning over 30 years, he has spent much of his career in technology led businesses and manufacturing including aviation and automotive. Martin’s previous roles at cutting-edge low carbon businesses including Grid Beyond, WEMS International and EnergyQuote JHA have given him a unique insight into the challenges faced by many of the UK’s most intensive energy users. He has also amassed over 15 years direct experience in commercial asset finance. Martin studied Applied Chemistry at the University of Manchester.

MARK BROWN

Account Manager

Mark Brown is our Account Manager. An experienced energy sector professional - particularly in the fields of CHP and renewable technologies - Mark has worked in engineering and technical roles for over 20 years. This includes 11 years at Cogenco UK (now fully integrated into Veolia’s CHP business). A great communicator with a positive approach to creative problem solving and troubleshooting, Mark is a key member of our customer-facing team. He holds qualifications from the Institute of Leadership and Management.

Jacques de Saussure

Non-Executive Chairman of the Board

Jacques de Saussure was Senior Managing Partner of the Pictet Group from 2010 until June 2016 after being elected partner of Pictet in 1987. Founded in Geneva in 1805, Pictet Group is one of Europe’s leading independent wealth and asset managers with EUR 437 billion of assets under management and custody as of 31 December 2015. Jacques is a member of the board of the Swiss Bankers Association and has also served as Vice Chairman of the Swiss Stock Exchange, which merged into SIX group in 2008, where he remained member of the board until 2010. Jacques holds a Master’s degree from MIT’s Sloan School of Management.

Dr Ahmed F. Ghoniem

Dr. Ahmed F. Ghoniem has been a member of our Board of Directors since January 2011. He is the Ronald C. Crane Professor of Mechanical Engineering at the Massachusetts Institute of Technology (MIT). He is also the director of the Center for 21st Century Energy and the head of Energy Science and Engineering at MIT, where he plays a leadership role in many energy-related activities, initiatives and programs. Ahmed holds a Ph.D. in Mechanical Engineering from the University of California, Berkeley, and an M.S. and B.S. in Mechanical Engineering from Cairo University.

Joan Giacinti

Joan Giacinti is the founder and Chief Executive Officer of Sofratesa Group with headquarters in Santo Domingo, Dominican Republic. Joan is also a founder of Aerodom, a concessionaire chosen by the Dominican government to develop, operate and manage airports in the Dominican Republic, which in 2008 was acquired by Advent International. He is the President of the Caribbean region of the French Trade Councils, “Conseillers du Commerce Exterieur” and the President for the Americas of the Forum Francophone des Affaires (FFA). He is also decorated with the Ordre national du Mérite by the President of the French Republic. Joan is a graduate from the École des Hautes Études Commerciales de Paris (HEC).

Marcel Cassard

Marcel Cassard joined Deutsche Bank in 1997 where he is now a member of the Global Markets Executive Committee and Global Head of Fixed Income and Economics Research. Marcel also heads the Bank’s Global Macro Strategy Group, which advises the Board and clients on broad market risks and global economic and financial developments. Previously, Marcel spent five years at the International Monetary Fund. Previous to that, he was an Economist at the Council of Economics Advisers in the Executive Office of the U.S. President. Marcel holds a PhD in Economics from Columbia University.

Mr. Stelios Zavvos

Stelios Zavvos is the Founder and CEO of Zeus Capital Management, a private equity group. With over 35 years of corporate, finance and real estate experience, Stelios is also the Founder and CEO of Continental American Capital, an investment group that focused on real estate investment and financing in the USA. He has served as a Member of the Board of Directors of the NASDAQ listed Star Bulk Carriers Corp, serving on the Board’s Audit Committee. He has also held executive positions in blue-chip companies such as Citibank, Johnson & Johnson and Procter & Gamble. SteliosZavvos holds an MBA from Harvard Business School and an MSc in Civil Engineering.