American DG Energy (American DG Energy) Unearned Premiums

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American DG Energy (American DG Energy) Business Description

Industry

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Address

Website

http://www.americandg.com

American DG Energy Inc is a Delaware corporation was incorporated on July 24, 2001. The Company installs, owns, operates and maintains complete DG systems, or energy systems, and other complementary systems at customer sites and sells electricity, hot water, heat and cooling energy under long-term contracts at prices guaranteed to the customer to be below conventional utility rates. As of December 31, 2013, the Company had installed 109 energy systems. The energy systems are generally owned by the Company and are installed in its customers' buildings. Each month the Company obtains readings from energy meters to determine the amount of energy produced for each customer. Its business is selling energy in the form of electricity, heat, hot water and cooling to its customers under long-term sales agreements. In the United Kingdom, it competes with Cogenco Limited, a subsidiary of Dalkia PLC, an alternative energy company with customers in the 50-500 kW range, ENER-G Holdings plc and Jenbacher, a subsidiary of General Electric Company. Other companies in the same market are Clarke Energy Ltd, EC Power Systems and Baxi-SenerTec UK. In Belgium, CHP equipment manufacturers are non-Belgian companies, including CogenGreen S.A., Capstone Turbine Corporation and Cummins Power Generation Inc., which are its primary competitors in the 50-500 kW range. In Spain, it competes with Baxi-SenerTec UK, MicroPower Europe, Guascor Power, Cummins Power Generation Inc., Icogen SA and Pasch y Cia SA. Icogen SA, based in Barcelona, is a Spanish supplier for systems below 500 kW. The Company is subject to extensive government regulation.

Executives

John W Rowe	director
John Hatsopoulos	director, officer: Co-Chief Executive Officer	85 FIRST AVENUE, WALTHAM MA 02451
Christine M Klaskin	director	3 FORBES ROAD, LEXINGTON MA 02421
Locke M. Benjamin	officer: Co-CEO	45 FIRST AVE, WALTHAM MA 02451
Deanna M Petersen	director	45 FIRST AVENUE, WALTHAM MA 02451
Bonnie Jean Brown	officer: CFO, Treasurer, and Secretary	97 FIFTY ACRE WAY, CARLISLE MA 01741
Charlest Maxwell	director	6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118
George N Hatsopoulos	director, 10 percent owner	BNN CORP, 150 CAMBRIDGEPARK DRIVE, CAMBRIDGE MA 02140
Earl R Lewis	director	C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843
Alan D Weinstein	director	45 FIRST AVENUE WALTHAM MA 02451