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StockGuru Blog: With a Joint Venture with Optimira Energy Canada, Essential Innovation (ESIV) Expands its ESCO Projects

Essential Innovation Technology already offers the most sophisticated core technology on the market. With its joint venture with Optimira Energy Canada, Essential Innovation Technology further expands its geoexchange turnkey services. In doing so, the company, further distinguishes itself from others in the geoexchange industry.

Collectively, Essential Innovation Technology and Optimira Energy Canada will market a package of geoexchange turnkey services to North America, with particular emphasis placed upon the United States. Optimira, a company which shares Essential Innovation Technology�s eco-sustainable goals, will be the perfect partner in the expansion project.

The joint venture is in line with the company�s focus of �developing synergistic industry relationships and alliances, particularly with large builders and developers that recognize environmental sensitivity and energy conservation as important features of land planning and infrastructure development.�

Lease program for heat pumps

Together the two companies will offer a lease to own program for end-users or a leasing program to the developer.

Projects can be stand-alone individual project applications or they can connect many different and unique mixed-use residential and commercial buildings over several city blocks and/or entire communities in ‘Thermal Energy Network’ designs.

This leasing program will generate huge streams of revenues and is perfectly in line with the company�s goals. CEO/President James McDiarmid states: �We are focused on pursuing relationships that will allow us to provide world-class services and solutions as a Geoexchange ESCO, capable of building and managing large-scale eco-sustainable geothermal utility-style projects that generate long-term high-return verifiable cash flow opportunities.�

Who can beat that?

In addition to offering design, manufacturing, financing, and consultation services for its proprietary, cutting-edge heat pump technology; Essential Innovations operates ESCO, its geoexchange energy service company.

Source: http://eitechcorp.com, April 2008.

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