Tecogen To Supply US Firm With Efficient Gas Chillers For Its Mexico Plan

(RTTNews) - Tecogen Inc. (TGEN) Tuesday announced the sale of two of its Tecochill natural gas-powered chiller systems to a major US-based manufacturer of home fixtures, for its existing plant in Reynosa, Tamaulipas, Mexico.

The sale involves two Tecochill CH-400x "DTx Series" chillers, which will serve a large facility expansion that is underway.

The chillers were sold through Tecogen's representative, Calfrost de Mexico, based on Monterrey, and are expected to be installed and commissioned by winter of 2015, and will air condition part of the facility's production area.

Robert Panora, President and COO of Tecogen, said, "This sale was driven by some of the same fundamentals seen in the U.S. market, namely, concerns of facility owners about the high cost and reliability of electricity."