TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
Toronto, Ontario – November 25, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS, CSE:SMS.DB) is pleased to announce that SustainCo Solutions & Services through its wholly owned investee VCI Controls Inc., has been awarded a contract worth over $270,000 by VR Mechanical Solutions Inc. for an energy management system for The Bishop Strachan School in Toronto.
This work will consists of the supply and installation of Building Automation System for the school expansion, as well as the integration of the existing (previously installed) VCI system. Major equipment being controlled through the energy management system includes additional boilers, air handling units, heat pumps, in-floor heating, snow melting and other HVAC equipment. The new energy management system will have web access capability for remote monitoring and control.
Work on this energy management system has commenced and is to be completed by August 2016.
“SustainCo prides itself on its growth from repeat customers,” stated Emlyn David, CEO of SustainCo. “The addition of web monitoring and control is consistent with our strategic direction to drive more customer friendly solutions”.
About SustainCo Inc.
SustainCo is a diversified investment company focused on Impact Investing in areas of sustainability. SustainCo invests in growth, game-changing and early-mover companies in areas focused on sustainability, energy efficiency, water resources, building performance management. SustainCo focuses on driving enterprise value in our investee companies through thought leadership, industry, financial and operational expertise to be an investor and strategic partner of choice.
Since 2011, SustainCo has managed several investments in disparate solutions and services companies to create a leading energy efficiency and clean energy platform through its investment pillars of SustainCo Solutions & Services and CleanEnergy Developments.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides award-winning, comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO–(Marketwired – Oct. 5, 2015) – SustainCo Inc. (the “Company” or “SustainCo”) (TSX VENTURE:SMS)(CSE:SMS.DB) is pleased to announce that SustainCo Solutions & Services, through its wholly owned investee, VCI Controls Inc., has been awarded “Best Smart Building Solutions” by The New Economy Magazine 2015 Clean Tech Awards, from London, U.K.
The “Best Smart Building Solutions” Award was awarded to SustainCo for its unique customer-centric approach in capturing additional device-level data points, in order to drive evidence-based measures and produce maximum energy savings/reductions with no-to-low capital costs by the customer.
Now in their seventh year, The New Economy’s Awards honor and recognize companies around the world whose ideas, achievements, projects and solutions reflect innovation, long-term vision and leadership. Elements considered include research and development initiatives, overall strategy, and sustainability approach and achievements.
The magazine’s winter issue announcing the full slate of awards and recipients will be shared with subscribers in North America, Europe and Asia, and distributed at the World Economic Forum in Davos (Switzerland) in late January 2016. Detailed information will also be published on the London-based media company’s website.
“This international recognition demonstrates the success of our progress to turn our investee into a leading energy management company,” stated Emlyn David, CEO of SustainCo. “Receiving this award further validates the hard work and dedication of all employees at SustainCo.”
About SustainCo Inc.
SustainCo is a diversified investment company focused on Impact Investing in areas of sustainability. SustainCo invests in growth, game-changing and early-mover companies in areas focused on sustainability, energy efficiency, water resources, building performance management. SustainCo focuses on driving enterprise value in our investee companies through thought leadership, industry, financial and operational expertise to be an investor and strategic partner of choice.
Since 2011, SustainCo has managed several investments in disparate solutions and services companies to create a leading energy efficiency and clean energy platform through its investment pillars of SustainCo Solutions & Services and CleanEnergy Developments.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides award-winning, comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit
www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO–(Marketwired – Oct. 1, 2015) – SustainCo Inc. (the “Company” or “SustainCo”) (TSX VENTURE:SMS)(CSE:SMS.DB) is pleased to announce that SustainCo Solutions & Services, through its wholly owned investee, VCI Controls Inc., has been awarded and commenced work for a contract worth over $200,000 by a Greater Toronto Area (GTA) real estate developer, for the supply and installation of HVAC and related equipment in a townhouse development.
The work consists of the supply and installation of sheet metal, furnaces, air conditioners, gas piping, exhaust fans and control wiring for approximately 20 townhouses and a central make-up air unit for common areas.
“This project continues to show the growth we are achieving with VCI Controls,” stated Emlyn David, CEO of SustainCo. “Strategically, this project demonstrates the success of getting involved earlier in the development stages.”
About SustainCo Inc.
SustainCo is a diversified investment company focused on Impact Investing in areas of sustainability. SustainCo invests in growth, game-changing and early-mover companies in areas focused on sustainability, energy efficiency, water resources, building performance management. SustainCo focuses on driving enterprise value in our investee companies through thought leadership, industry, financial and operational expertise to be an investor and strategic partner of choice.
Since 2011, SustainCo has managed several investments in disparate solutions and services companies to create a leading energy efficiency and clean energy platform through its investment pillars of SustainCo Solutions & Services and CleanEnergy Developments.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit
www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
]]>
September 21, 2015
It’s been just under a year of using our low-cost device level wireless sensors (Panoramic Power) in various facilities, and I wanted to share the successful insights we’ve gleaned from our experiences. The results are better than we anticipated!
On average, we are generating over 10% immediate kWh reduction from simple non-capital intensive measures, and in one case, the awareness of the BAS not accurately presenting units on when they were listed as off, produced an immediate kWh reduction of over 15% from one measure.
As a recap, typical industry practices are to capture existing disparate data points for a facility (such as utility meter data, BAS data), and generate recommendations around the optimization of the HVAC system. Yes. You absolutely will have a finely tweaked HVAC system.
This is where SustainCo believes that approach is key, and only assessing 40% of the electrical use, is no solution. We look at 100% of the electrical load, which includes the 6 electrical systems of HVAC (3) and lights, plugs and processes. These 3 additional systems typically account for 60%+ of the demand load by human behaviour, and when you are able to drill down and measure those loads by system (or device) and overlay their electricity costs, you’re able to make better recommendations because you have more data points to fill in the load story of the facility. It’s just common sense that more data inputs will lead to better recommendations. Garbage in, garbage out.
SustainCo takes this evidence-based data to drive non-capital intensive measures.
Now, you’re caught up.
Facility Types
SustainCo has designed and/or installed system level measures in a number of types of facilities and gleaned various insights.
Mid-rise commercial; commercial; institutional; industrial; restaurant; school; university; social housing; apartments; condos; car dealership; cold storage facility, retail
Here’s what we learned:
1. SustainCo “approach” leads to lower capital expenditures for maximum energy efficiency
Our “approach” leads towards lower capital costs to generate maximum energy efficiency. We generate immediate kWh reductions by focusing on non-capital intensive recommendations first.
As an example, typical industry proposal for a controls package in student apartment residences is almost double as expensive as our proposed wireless controls package once we let the evidence-based measures drive recommendations
2. Wireless is more cost effective than wired
A customer ran a bidding process where we were able to demonstrate that the capital cost of the wireless system and installation was roughly ¼ the capital cost of the comparative wired metered solution. By the way, the wired metered solution didn’t include installation of Cat5 cables and required construction.
The advancements in Wi-Fi technology specifically, 802.11n/s enables meshing. I can understand why the OEM BAS industry try to minimize the use of wireless; they are trying to protect their monolithic BACnet system that Wi-Fi completely undermines.
Imagine that today you can install wireless monitoring and control equipment using 802.11n/s and using an HTML5 website to monitor and control. There is no need for the complicated proprietary equipment in between.
You’ll experience more of this in the coming year.
3. Building automation systems are often embarrassingly wrong
Shouldn’t a BAS be accurate in identifying equipment that should be off, but in actuality, is on?
Shouldn’t a BAS building vs a non-BAS sister-building have a better energy curve?
It’s not lost on the industry that many BAS are overridden by staff, or that these systems are not optimized and not often enough, but the reality is that while a BAS enables the ability to control a number of devices and equipment, who or what should direct it?
Shouldn’t the evidence-based data drive the required recommendations and controls and settings, and then you utilize the BAS to execute?
If nothing else, after spending significant amount of money on a sophisticated BAS, our wireless monitoring system validates and audits the actual energy use- demand load- so that you can better direct and optimize your system.
We’ve seen examples where over 300 fan boxes were listed as off in off-peak hours in a facility, but our sensors proved that they were never going off. Up until someone literally turned off circuits to prove it, the site BAS manager was adamant that they were off. This is common.
4. Customers are more open to change than their energy management vendors
I haven’t been in a meeting yet where a potential customer didn’t ask within minutes into the meeting, to measure systems in their facility(ies). Their existing energy management advisors don’t like change.
The industry still thinks of energy efficiency as tweaking and optimizing HVAC systems, but as we now know, that only accounts for roughly 40% of the electrical load of facilities, and they don’t believe that the other 60% of human behaviour- lights, plugs and processes- can be legitimately affected.
We are affecting human behaviour!
Customers have never really known the cost of leaving lights on during off peak hours or the impact of starting exhaust fans and other equipment when not needed. Now they do, and when presented with these facts, customers (who pay those bills) appreciate the accuracy and affect change in behaviour.
5. Customer’s energy managers feel threatened, but they shouldn’t
In the cases where prospective customers are more sophisticated managers, we’ve seen some backlash and certainly appreciate that those individuals and BAS teams and utility bills teams feel threatened by our approach.
But I would say this. It is completely understandable that these individuals and teams feel that they’re doing the best they can, because they are quite typically making recommendations and reacting to data that only demonstrates either 40% of the bill or the aggregated 100% of the bill with no context.
Until recently, there was no cost effective measure to monitor drilled down demand user data. It’s not their fault. But, we’re walking in and can argue that we see potential for between 20% and 30% kWh reduction can certainly make staff feel uneasy. With more data points, staff can make different decisions than previously. There weren’t doing it wrong before; they just didn’t have the data.
Now that they can have the data, they can make different decisions, and our own approach is to support them as coaches and advisors and generate recommendations along with them. We can make them champions within their organizations. In examples where staff get their back up and defend their approach and fight the need for these wireless devices, I’ve only seen embarrassment in their outcomes.
6. Customers will change Human Behaviour when shown evidence-backed data
All customers of our wireless measuring system have had recommendations of non-capital intensive human behavioral changes.
For example, despite espresso machines being turned off after hours, we know that the steam boilers run around the clock, adding significant unintended demand loads.
We know that restaurant owners can easily change their restaurant open process that lead to over 40% of their energy use occurring when they’re not open. For example, staff are instructed to turn on exhaust fans well before required, which then cause make up air and other heating and cooling systems to pick up to maintain temperature, when no revenue is being created.
We see that plug loads are running charging equipment in industrial facilities with no on/off coordination.
Staff must have competency to be able to change their behaviour once they know the negative impacts of their actions. Items should only be on when they’re intended to be on.
7. Customers confuse similar energy curves from similar sites as being good
- Organizations with multiple facilities tend to be more sophisticated at analyzing things like energy curve data and addressing outliers,
but the underlying assumption is that the non-outliers are working within some kind of normal energy curve band, well, because they’re fairly
similar curves. This is a reasonable expectation without additional data, but with the disaggregation of the energy curve into the six electrical systems, one can see the energy efficiency opportunities within those similar energy curves, and see that there can still be significant reductions.
Call to Action
We will continue to create tremendous insights for the full range of customers.
We have enjoyed our strategic partnerships with SeeWind Design and Panoramic Power to bring this solution to market, and we continue to improve and automate our abilities to spit out insights from evidence-based data.
Going forward, we’re excited to work with organizations that want to lead their market segment in creating the most energy efficient facilities vs their counterparts. Let’s change human behaviour together!
Thank you,
Frank Carnevale
Thought leader on sustainability, energy efficiency and clean energy
Twitter @fcarnevale
]]>TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
Toronto, Ontario – September 21, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS, CSE:SMS.DB) is pleased to announce that SustainCo Solutions & Services through its operating group, VCI Controls Inc. (“VCI”), has been awarded and has commenced work for a contract worth over $550,000 by Maritime Forestry Complex Corporation., for energy management controls upgrade in one of its existing facilities.
The work includes replacing associated HVAC equipment and incorporating VCI’s own Envision building control system to provide a more efficient energy management system for the facility. The work will be completed over 5 months.
“We continue to grow our base of energy efficiency projects in Federal government facilities,” stated Emlyn David, CEO of SustainCo. “We also continue to demonstrate success in our model of integrating building controls and HVAC leading to lower capital costs for customers.”
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
I was lucky enough to have attended the recent Climate Summit of the Americas in Toronto. Beyond the excitement of experiencing the visions of several Premiers and Governors, it was a very powerful and empowering experience.
Over the past week, I’ve been trying to process any lessons learned, and here’s what I’ve concluded.
It seems odd to me that the sub-national play- the reliance on sub-nationals to take more active roles in designing climate change strategies- has taken this long to arguably take hold in the international community. While I’m not sure what the catalyst to this sub-national role was, it clearly works in the absence of national governments’ leadership. Insert understatement here…
Provinces are clearly the jurisdictions to regulate GHGs as they regulate and contract for power generation and generate the GHG caps for industries. In my opinion, the Alberta oil sands were the catalyst for federal government to hem and haw in order to devise ways of protecting its interests of bringing oil to international markets, unhindered. Otherwise, we may have been much further ahead with a federal government quarterbacking the provinces. But no.
While BC, Quebec and Ontario are now leading the way in the overall GHG reductions for Canada, we need to look beyond and determine how we get greater reductions and where??? Meeting the current GHG targets is about demonstrating the approach and pathway to generate reductions, but jurisdictions can lead far beyond that.
Municipalities account for approximately 85% of all infrastructure in Canada, and while municipalities are creatures of their provinces, municipalities have the abilities to actually generate the GHG reductions in their buildings, their transportation and transit systems, and their green lands.
Municipalities have the ability to not only reduce their own GHG within their operations, but have the ability to drive better planning processes and with better tax classifications to drive greater adoption of private facilities being more energy efficient.
The design of roads, transit, parks, employments zones, schools, and housing all have very specific impacts on the GHG intensity level of communities. The same swath of land could require vehicles to get to the closest grocery store, or it could be a community of live work and play, where walking, biking, transit and neighborhood stores are part of the fabric and not a nuisance in the way of road travel…
While some municipalities have always chosen to lead ahead of provincial direction, this Climate Summit definitely granted an environmental license to municipalities to create the communities that are truly sustainable.
Will municipalities take this environmental license? In my experience, municipalities require the same vigor and vision that you find in successful businesses. Yes, I know, a municipality is not a business, but it competes every day for people, jobs and culture. Its success is based on who and what it wants to attract and sets very specific targets to achieve it. I have seen plenty a municipality have an appetite to change its ways in order to attract people and jobs, but stops short of differentiating itself from neighbouring municipalities.
Too many municipalities accept the conditions they find themselves in, like small amount of serviced employment lands, road-based communities, and empty manufacturing plants. Many will try same old tactics to generate growth without changing the DNA of what they want to look like as a municipality.
I’ve also seen cities adopt great direction but for argument sake, is not the desired direction of the current voters. It’s not a bad thing. But you need to work harder to communicate with them to educate them as to what’s needed and why and for who. I’ve seen residents who have moved to the suburbs to buy a larger lower cost home, and yet complain when an LRT is being considered nearby to bring residents to subway lines quicker. They would rather not ruin the road by removing the lane of cars. There is something wrong here, and it fundamentally comes down to the municipality is building a city for residents it wants vs the ones it has. Good luck. Not an easy challenge, but it definitely starts with educating and maybe show them how their property values go up with the changes….
In my opinion, the municipality that develops a sustainable community with sustainable infrastructure will sustain the right jobs and people who will drive growth going forward. Municipal leaders, rise up and take that environmental license and declare you are going to be the greenest and most innovative community in North America and don’t look back. You blink, you lose.
For every other municipal leader, take your position in line of the laggards and you’ll be kicking and screaming as to the eventual environmental requirements, but at least you’ll have the best buggy whips in town…. for a while.
There are clear approaches and strategies and tactics that can generate a leading municipality, and I look forward to continuing those conversations with municipal leaders.
If you have any thoughts, don’t hesitate to share on social media or email me.
Thank you,
Frank Carnevale
Thought leader on sustainability, energy efficiency and clean energy
[email protected]
Twitter @fcarnevale and @sustainco
TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
Toronto, Ontario – July 20, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS, CSE:SMS.DB) is pleased to announce that SustainCo Solutions & Services through its operating group, VCI Controls Inc., has executed a distributor agreement with Siemens Canada Limited, Building Technologies Division, to market and service Siemens’ Building Technologies Talon BACnet product in the Golden Horseshoe area of Central and Southern Ontario.
The Golden Horseshoe, the larger ring around the greater City of Toronto, represents a population of roughly 9 million people and is expected to reach 11.5 million by 2031, with roughly 70% of Ontario’s population.
Siemens Building Technologies include Talon BACnet and Talon Network Manger (TNM) System incorporating the Niagara Framework™ with an open interoperability standard to speak with multiple communications protocols as well as web-enabled energy management from a smart phone or tablet. In addition, Siemens products enhance the use of wireless monitoring and controls.
“We continue to strengthen our capabilities in energy management technologies”, commented Emlyn David, CEO of SustainCo. “As integrators, we have several options to meet customers’ needs in Building Performance”.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
Toronto, Ontario – July 8, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS, CSE:SMS.DB) is pleased to announce that SustainCo Solutions & Services through its operating group, VCI Controls Inc., has been awarded a standing offer agreement by Defence Construction Canada to provide CFB Borden mechanical services work budgeted for $1.2 million for year.
“SustainCo has sustained its working relationships with Federal Government related agencies since developing its building controls solution for them over 25 years ago”, stated Emlyn David, CEO of SustainCo. “Combining building controls with mechanical services has demonstrated solid growth for SustainCo.”
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
Toronto, Ontario – May 21, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS, CSE:SMS.DB) is pleased to announce that SustainCo Solutions & Services through its operating group, VCI Controls Inc., has been awarded a contract worth over $575,000 by Dependable Mechanical Systems Inc. Work has commenced for energy management controls for Phase II of the redevelopment of Kipling Acres Homes for the Aged, a City of Toronto property.
Kipling Acres long-term care facility sits on 10 acres and is home to 192 residents, both seniors and young adults. SustainCo had previously completed work on Phase I, and has been contracted to execute Phase II, which consists of the addition of 145 beds, and incorporates energy management controls. These controls include energy efficiency hot water in floor heating for both perimeter and interior heating, and in conjunction with Heat Recovery Roof Ventilation Units. SustainCo is using Open Protocol Honeywell BACnet Building Automation System, to interface with equipment.
“As a testament to the quality of our work, SustainCo continues to secure repeat business from existing customers”, stated Emlyn David, CEO of SustainCo. “We work well with innovative partners such as Dependable Mechanical.”
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
CANADIAN SECURITIES EXCHANGE: SMS.DB
FOR IMMEDIATE RELEASE
Toronto, Ontario – Monday, May 4, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSX V:SMS, CSE:SMS.DB) announces that it is listing previously announced debentures, with total proceeds of CAD $5,075,000, on the Canadian Securities Exchange (CSE) as ticker symbol SMS.DB, to commence trading on May 7th 2015.
The Debentures bear interest at a rate of 12% per annum and have a maturity date that is five years following the closing of the Debt Offering with a redemption feature exercisable by the Company after a period of 24 months.
About SustainCo
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn J David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – Tuesday, April 7, 2015 - SustainCo Inc. (the “Company” or “SustainCo”) (TSX V:SMS) announces that it has granted incentive stock options (“Options”), effective April 1, 2015, under its stock option plan to directors and officers of the Company to acquire up to an aggregate of 2,250,000 common shares (“Common Shares”) of the Company.
All of such Options are exercisable for a period of five years at a price of $0.10 per Common Share and shall vest 25% upon grant date. The remainder will vest 25% per six months thereafter.
Upon the granting of the Options described above, SustainCo will have 3,550,000 Options outstanding.
About SustainCo
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn J David
President, Chief Executive Officer and Chairman
(647) 258-0960
SUSTAINCO INC. ANNOUNCES A COLLABORATION WITH UNIVERSITY OF OTTAWA FOR PILOT PROJECT OF WIRELESS ENERGY MONITORING SYSTEM IN BROOKS RESIDENCE
TORONTO, ONTARIO–(Marketwired – March 26, 2015) - SustainCo Inc. (the “Company” or “SustainCo”) (TSX VENTURE:SMS) and the University of Ottawa are collaborating on a pilot project to test the wireless monitoring system in Brooks Residence in order to reduce the overall utility consumption and increase social engagement among the student population.
The university is capitalizing on a prime opportunity to engage students, building operators and the Residence Management Board, as well as provide them with tools to manage the university’s peak energy activities. Brooks Residence, which houses over 700 students in 202 units, paves a path for a dynamic sustainability program.
SustainCo is providing the design, equipment, installation, monitoring and analysis of real-time energy data for the university. With SustainCo’s device level sensors and the analytics platform, SustainCo’s system provides immediate awareness of real-time electricity costs and consumption based on daily activities, as well as empowers the users to bring about measurable change to support environmental sustainability.
“This low-cost wireless monitoring enables customers to drill into device-level data that they’ve not seen before, thus enabling customers and their users to make better and more educated decisions on their energy use,” stated Emlyn J David, CEO of SustainCo. “This solution is a clear differentiator in the market place, and we continue to enlighten asset owners and managers of the possibilities to become more energy efficient.”
About SustainCo
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
SustainCo Inc.
Emlyn J David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – March 23, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS) is pleased to announce that SustainCo Solutions & Services through its operating group, VCI Controls Inc., has been awarded a contract worth over $280,000 by Canadian Food Inspection Agency to upgrade and integrate the energy management and control system in their lab in Saint-Hyacinthe, Quebec.
SustainCo has been working with this client and this facility for over 25 years on various building automation system requirements.
The work commenced in February 2015 and is to be completed in December 2015. Work will be managed out of the SustainCo Montreal office.
“SustainCo has built a foundation of government mandates, and we continue to build our expertise in the design and integration of energy management systems”, stated Emlyn David, CEO of SustainCo.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – February 26, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS) is pleased to announce the results of the annual and special meeting of shareholders of the Corporation held yesterday, February 25, 2015 in Toronto, Ontario, at which 37.61% of the issued and outstanding shares were represented at the meeting. The Corporation hereby advises of the following voting results obtained at the meeting:
- Shareholders approved the election of the following individuals, being nominees proposed by the management of the Corporation, as directors of the Corporation for the ensuing year: Scott Cole, Emlyn J. David, Michael Galloro, Daniel R. Hay, and Rajiv Rai.
- Shareholders approved the re-appointment of MNP LLP as auditors of the Corporation for the ensuing year.
- Shareholders approved a resolution ratifying the Corporation’s stock option plan.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
]]>
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – February 23, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS) is pleased to announce that SustainCo Solutions & Services through its operating group, VCI Controls Inc., has been awarded and has substantially completed a series of contracts and work orders worth over $550,000 by Defence Construction Canada- CFB Borden and Public Works and Government Services of Canada- CFB Borden.
The work was comprised of a number of General Contractor and Project Management mandates including: roof replacement, HVAC upgrades, cooling tower maintenance and generator repairs. In addition, SustainCo has a standing offer to provide: HVAC Services, BAS Controls Services, Electrical Services, Millwrighting, and Insulation, as required from time to time. Work commenced in August and will see the General Contracting work substantially completed this week.
“As SustainCo continues to grow its integrated Building Performance offering, the work for our long standing client base such as Canadian Forces Bases, continues to demonstrate the success of our strategy”, stated Emlyn David, CEO of SustainCo.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – February 20, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS) is pleased to announce that SustainCo, through its operating group CleanEnergy Developments, has been awarded a contract worth over $160,000 by Quinan Construction Limited to build a Geoexchange system for the Ontario Ministry of Natural Resources’ Fire Management Facility.
The Geoexchange system will assist MNR to achieve a LEED designation. The project is expected to be completed in early spring with the drilling being completed within the next thirty days.
“With another government project, SustainCo continues to demonstrate our abilities in the development of sustainable thermal energy systems,” commented Emlyn J David, CEO of SustainCo.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – January 19, 2015 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS) is pleased to announce that SustainCo Solutions & Services through its operating group VCI Controls Inc. has been retained by a Food Storage company. for the completion of a feasibility and design study for a $1.9 million backup generator system. Upon acceptance and meeting key conditions, the company would be retained to build and commission the system for this site retrofit.
SustainCo’s Building Performance group assessed and created the opportunity for the backup generator package. The system will be utilized for both emergency and non-emergency requirements, and will capitalize on Demand Response and electricity price differences in the market.
The feasibility study will be completed within the next thirty days, and upon acceptance the project is expected to be completed in 2015.
“SustainCo’s strategic direction is to be a higher value-add provider of integrated energy efficiency solutions and we believe this assessment is part of our direction. Our Building Performance group was able to utilize cross company resources to demonstrate our capabilities to secure this mandate.” commented Emlyn J David, CEO of SustainCo.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – December 17, 2014 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS) is pleased to announce that SustainCo, through its operating group Clean Energy Developments Corp. has been awarded a contract worth over $500,000 by Ellis Don Construction to initialize the Geoexchange system at the new Calgary Airport International Terminal. As part of the contract Clean Energy Developments Corp will be providing the ongoing maintenance services for the new Geoexchange Ground Loop.
Clean Energy Developments previously managed and installed the Geoexchange System at the terminal expansion project at the Calgary Airport.
Work on the Geoexchange system commences immediately and will be completed over the next three months.
“We have had a great relationship with Ellis Don on the Calgary Airport system, and we are pleased to continue to demonstrate our abilities in the development of sustainable thermal energy systems,” commented Emlyn J David, CEO of SustainCo.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO–(Marketwired – Dec. 11, 2014) – SustainCo Inc. (the “Company” or “SustainCo”) (TSX VENTURE:SMS) is pleased to announce that SustainCo Solutions & Services through its operating group VCI Controls Inc. has been awarded a series of contracts worth over $525,000 by a Fortune 100 company for several energy retrofit measures in their Toronto area facility.
SustainCo was awarded work to design and install a cooling tower replacement and various valve and refrigeration upgrades, totalling over $525,000. The work had commenced in July and is expected to be completed by early 2015.
“This project with a Fortune 100 company demonstrates the success and synergies of combining our Mechanical services offerings with our growing platform of sustainable and energy efficiency services,” stated Emlyn J David, CEO of SustainCo.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960
www.sustainco.ca
TSX VENTURE EXCHANGE: SMS
FOR IMMEDIATE RELEASE
Toronto, Ontario – November 24, 2014 – SustainCo Inc. (the “Company” or “SustainCo”) (TSXV:SMS) is pleased to announce that SustainCo Solutions & Services through its operating group VCI Controls Inc. has been awarded a contract worth over $130,000 by Pomerleau for an Energy Management and Control System for CFB (Canadian Forces Base) Halifax.
The Energy Management and Control System will manage the environmental conditions of the building and proactively report any problems to the building operators.
The work details include providing the Building Automation System (BAS) equipment, installation, and the commissioning of the system. The BAS manages the air-handling units, primary heating system, room controls for ventilation and heating, and networking to the central BAS across the CFB Halifax network.
The work is expected to commence in January 2015 and be completed in September 2015. Work will be managed out of the SustainCo Halifax office.
“VCI has built a great base of energy management systems work across Federal Government sites, and the VCI Controls BAS package continues to perform for customers”, stated Emlyn David, CEO of SustainCo.
About SustainCo Inc.
SustainCo is a leading provider of sustainable infrastructure solutions and services. SustainCo operates through its two groups, CleanEnergy Developments and SustainCo Solutions & Services.
CleanEnergy Developments is an early stage developer and investor in clean and renewable energy projects with experience in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides strategic capital, funding management, and execution expertise.
SustainCo Solutions & Services provides comprehensive building performance services, incorporating full life cycle asset optimization, finance, design, build, operations and maintenance services for new build and retrofit facilities. Specifically, it provides: engineering services, building automation controls, performance monitoring, energy and lighting retrofits, mechanical and electrical installation and services, thermal energy systems, and operations and maintenance services for multi-residential and ICI facilities.
With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more information, visit www.sustainco.ca.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the Toronto Stock Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
CONTACT INFORMATION
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
(647) 258-0960