Who owns eSite Power Systems AB?

TORONTO, December 21, 2022 -- Clear Blue Technologies International Inc. (“Clear Blue or the Company”) (TSXV:CBLU) announces, signed today, a definitive agreement to acquire all of the outstanding shares of eSite Power Systems AB (“eSite”), a telecom site power systems provider located in Lidköping, Sweden.

Who is eSite power systems?

eSite Power Systems has over 20 years’ experience designing, manufacturing and deploying sustainable green power infrastructure across Africa and Asia. Its eSite deployments have shown that switching to a reliable power system is an incredibly efficient way to cut operating costs and increase business profitability.

What are the different types of electrical networks in Slovenia?

Electrical networks are classified in terms of their voltage: low-voltage, medium-voltage and high-voltage networks. The ELES Company manages the latter, the high-voltage transmission network in Slovenia. In Slovenia, the most common shapes of pylons are "fir tree", "barrel", "the Danube", the "Y-pylon" and the “H-pylon”.

How does eSite tools work?

All the data is safely stored at site and sent to our RMS, eSite Tools, in minimised and timestamped packages. From eSite Tools you can easily visualise all the data and get alarms and graphs. If our customer has an over-all monitoring system in place already, they can easily read data from Tools directly in their system.

How is eSite financed?

The purchase of eSite will be financed with the issuance of 3,000,000 Clear Blue common shares issued to the shareholders of eSite and is being completed on a cash-free, debt-free basis. As part of the transaction, Pegroco Invest AB is guaranteeing certain vendor commitments by eSite through 2023.

Is eSite X10 a good genset?

With its inbuilt (and patented) Automatic transfer switch (ATS)S switching between genset and grid, eSite x10 is extremely efficient at a bad grid site. With all our experience that we have put into the software off grid in hybrid mode, with or without solar power is also a perfect fit.