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American DG Energy, Inc.

American DG Energy, Inc.

Sector: Heating Equipment Except Electric And Warm Air Furnaces Region: MA, United States


: | NYSE MKT: ADGE


American DG Energy, Inc. distributes, owns, operates and maintains clean, on-site energy systems that produce electricity, hot water, heat and cooling. The company offers natural gas powered cogeneration systems that are reliable and energy efficient. Its cogeneration systems produce electricity from an internal combustion engine driving a generator, while the heat from the engine and exhaust is recovered and typically used to produce heat and hot water for use at the site. It also distribute and operate water chiller systems for building cooling applications that operate in a similar manner, except that the engine's power drives a large air-conditioning compressor while recovering heat for hot water. Cogeneration systems reduce the amount of electricity that the customer must purchase from the local utility and produce valuable heat and hot water for the site to use as required. American DG Energy was founded by George N. Hatsopoulos and John N. Hatsopoulos in 2001 and is headquartered in Waltham, WA.

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