Filed with ASX · · 3 pages · English
Dotz Nano Limited has announced a five-year services agreement with Africa Israel Hotels for the deployment of its ChillerAI system across several hotel properties in Israel, starting with VERT Jerusalem. The agreement includes a performance-based revenue model where fees are based on energy savings from the air-conditioning systems, with no installation fee required. This partnership is expected to enhance Dotz's recurring revenue from energy optimization technologies in commercial buildings. The initial installation is set to occur within a specified timeframe, with ongoing monitoring and adjustments to ensure efficiency and savings.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
ASX and MEDIA RELEASE DOTZ ENERGY SIGNS FIVE-YEAR CHILLERAI AGREEMENT WITH AFRICA ISRAEL HOTELS (VERT HOTELS) Performance-based agreement starting for six VERT Hotels with income of $174K per annum Key highlights • Dotz has signed a five-year services agreement with the Africa Israel Hotels group...
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