Loudspring portfolio company Enersize signs revenue sharing agreement with Beijing Foton Cummins
Enersize has signed a four-year revenue sharing agreement with Chinese diesel engine manufacturer Beijing Foton Cummins. The plant uses between 7,000-8,000 MWh / year, the savings are estimated to be 20-30% of which Enersizes part of the total savings are estimated at approximately 50%. Loudspring owns 35.6% of Enersize. For full release: http://enersize.com/news/ Loudspring CEO Alexander Lidgren comments: “When a customer decides to convert an installation contract into a revenue sharing contracts it means that Enersize has clearly shown that savings can be made. This type of deal is