July 15, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — American DG Energy, Inc. (AMEX: ADGE), a firm providing onsite utility services to hospitality, healthcare, housing and athletic facilities, said that the total value of the company's current On-Site Utility energy agreements is around $152 million, based on the current price of energy, specifically electricity and natural gas.

John Hatsopoulos, CEO of American DG Energy, said, "The power of our On-Site Utility business model is our annuity revenue stream of 15-year agreements.”

He added that the $152 million of revenue will provide the firm with, “excellent cash flow over the coming years,” and is a, “…significant increase in annuity revenue,” compared to the roughly $80 million of annuity revenue the firm reported in June 2008."

Massachusetts-based American DG Energy supplies energy to its customers through distributed power generating systems.

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