Orion Energy Systems, Inc. (NYSE Amex:OESX), a leading power technology enterprise that designs, manufactures and deploys energy management solutions, announced that it has reached an agreement with De Lage Landen for the purpose of financing Orion’s Throughput Agreement (OTA) projects.
The program agreement is aimed at making energy efficiency finance more easily available and affordable for companies who desire to benefit from the tremendous energy cost savings delivered through Orion’s energy management products. The agreement differs from recent debt financings that Orion has completed, providing for the transfer of asset ownership directly to De Lage Landen.
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December 5th, 2011 at 12:43 pm