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Thermal Energy Receives $1.5 Million in Repeat Business from Multinational Building Materials Company
Turnkey heat recovery project for four two-stage HeatSponge boiler economizers to be installed at second customer siteOttawa, Ontario--(Newsfile Corp. - December 17, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced an order valued at approximately $1.5 million from a leading multinational building...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Turnkey heat recovery project for four two-stage HeatSponge boiler economizers to be installed at second customer site","length":118,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Ottawa, Ontario--(Newsfile Corp. - December 17, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced an order valued at approximately $1.5 million from a leading multinational building materials company. The turnkey project will include the installation of four HeatSponge two-stage boiler economizers proprietary to and developed by the Company's wholly owned subsidiary, Boilerroom Equipment Inc. This order follows a $1 million turnkey project announced in July with the same customer, but at a different site. All figures are shown in CAD.","length":779,"tagName":"p"},{"type":"text","content":""We're pleased to be expanding our work with this global manufacturer through a second turnkey heat recovery project," said William Crossland, CEO of Thermal Energy International. "Like the first turnkey project we announced back in July, this opportunity arose from a Project Development Agreement and reflects the customer's continued commitment to improving energy efficiency and reducing greenhouse gas emissions. This second project is a clear sign of their confidence in our technology and execution. We see exciting potential for additional opportunities with this customer, including at this location and the previous site, as well as numerous other North American and international manufacturing facilities."","length":745,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":309,"url":"https://media.zenfs.com/en/newsfile_64/6a3cebc22660dc165d5c75ca541ca4ce"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wW5E7nKSiR_lIQ._gzJAbg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUzOTtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/6a3cebc22660dc165d5c75ca541ca4ce","width":550,"height":309}},"href":"https://images.newsfilecorp.com/files/2616/278221_1362b1fd6464...