NF Energy
NF Energy-saving Corporation of America was listed on NASD OTCBB stock market. (Trading Symbol: NFES.OB). The Company operates its business through its wholly owned subsidiary in China, Liaoning Nengfa Weiye Energy Technology Co., Ltd., which principally focus on manufacturing energy-saving equipments and new energy facilities, contracting with energy-saving & pollution reduction Turn-Key project, and operating Energy Management Contract (EMC) projects.
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NF Energy Saving Corp wins US$43.9m contract from Shenyang hospital
NF Energy Saving Corp (OTCBB: NFEC) said it has executed a 15 year, US$43.9 million energy management contract with a large hospital in Shenyang.
NF Energy will provide management and technological expertise in the reconstruction of the hospital's lighting, elevator, air-conditioner, boiler, and hot water systems. The energy audit has been completed and reconstruction has begun.
"This multi-year project will allow us to recognize a meaningful revenue stream for the coming years. The NF Energy management team is working towards other long term recurring revenue contracts to enhance our current project oriented business model," commented chairman and CEO Gang Li.
Other NF Energy news
- NF Energy Saving shares down as Q4 earnings slide
2011-03-25 - NF Energy signs contract with Fuxin HF Bio-energy for energy savings project in China
2010-09-15 - NF Energy expects to increase revenue by at least 33% in 2010
2010-04-21 - NF Energy expects to benefit from Chinese policies for energy
2010-04-14 - NF Energy expects 2009 earnings to soar 250% as revenues climb 28%
2010-02-26
