$DFCO Dalrada Energy Services Signs Agreement with AKF

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$DFCO Dalrada Energy Services Signs Agreement with AKF Group for Clean Energy Efficiency Building Projects with an Estimated Value of More than $10 Million Annually

https://www.businesswire.com/news/home/20230425005030/en/

SAN DIEGO--(BUSINESS WIRE)--Dalrada Corporation (OTCQB: DFCO, “Dalrada”), a problem-solving innovator that takes on complex, multi-disciplinary global challenges in clean energy, precision manufacturing, and technology, today announced that its energy division, Dalrada Energy Services (DES), has entered into a strategic alliance agreement with AKF Group (AKF).

The preferred agreement forms a unique partnership between two global clean energy leaders and calls for both entities to utilize each other as preferred providers of various sustainability products and services used in building modernization projects. With the agreement, AKF will be reselling Dalrada’s high-efficiency heat pumps to their client base―worth an estimated $10 million-plus, annually.

The synergistic relationship expands both companies’ capabilities and capacity for production design and the construction and refurbishing of buildings specifically tailored to ESG (Environmental, Social, and Governance) goals that deliver modern energy transformation for businesses and organizations worldwide.

This new partnership will add hundreds of highly skilled engineers to the DES workforce and facilitate the deployment of more than 500 unique resources to serve large clients with multiple sites.

With a focus on advanced clean energy technology, AKF will provide technical support and engineering as well as project development of Dalrada’s high-efficiency heat pumps and cryogenic chillers that support electrification and worldwide Net Zero carbon goals.

The partnership with AKF is a natural fit, according to Tom Giles, President of Dalrada Energy Services. “By reaching this agreement, we now have a robust partnership that will provide next-generation clean energy services to our clients.” He continued, “Working with AKF Group will accelerate our efforts in the clean energy space and allow us to deliver enhanced offerings in a world that desperately needs an energy overhaul.”

Along with the agreement, DES will have an unrestricted license to provide AKF’s engineering services to its clients and allow the licensing of AKF engineering services into DES client contracts. AKF will provide regulatory expertise for public sector projects and deliver all design and architectural services required for any DES project.

DES will lead with AKF Group’s engineering services for all projects while providing oversight and project management for joint projects, including the oversight and development of infrastructure and the development of technology to support ESG projects. DES will also provide its patent-pending revenue share model for ESG and mechanicals sales.

Together, DES and AKF will provide ESG-compliant building engineering, design, and commissioning services with innovative clean energy-focused products and services that produce significant cost savings for their clients.

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