NetworkNewsBreaks – Zenergy Brands Inc. (ZNGY) C
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Zenergy Brands (OTC: ZNGY), a next-generation energy utility company, this morning announced its completion of the installation of a Zero Cost agreement with a Texas-based franchisee of a well-known fast food restaurant chain. Per the update, the deal is worth an aggregate contract value of $393,969.60 and the contract was first mentioned upon closing in 2018 and, at that time, disclosed in an 8K (http://nnw.fm/9OOmn). The agreement covers a 7-year term for energy efficiency and conservation, as well as smart controls technology installations across eight of the franchisee’s southeast Texas locations. Zenergy intends to use these locations as an ongoing case study and premise to present its Zero Cost solution to other franchisees, as well as to the widely-respected franchisor. Three additional franchise owners have begun the early stages of exploring the Zero Cost Program(TM), which includes the review of an indicative analysis. “We are very grateful for this opportunity; however, we also remain very excited that this first franchise group is only the beginning of massive change for this fast-food brand and their respective franchisees,” Zenergy Senior Vice President of Operations Josh Campbell commented in the news release. “It’s always a pleasure for us to make a positive environmental impact while at the same increasing our customer’s bottom line.”
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