CLEVELAND, May 11, 2018 (GLOBE NEWSWIRE) -- Innovest Global, Inc. (OTC PINK:IVST) Energy Group has signed another significant client thanks to its revolutionary LEEP financing program.
The client, Wrap-Tite, Inc, is a leading manufacturer of flexible packaging solutions, and the only Extruder/Converter of stretch film in the United States. Saving 30% of their electricity cost in the 200,000 square foot facility was easy to understand, but for any company, budgeting nearly $100,000 to do so is not as easy of a decision. Using the LEEP Program, they became the latest Energy Group client to upgrade without dipping into their cash, or adding to their monthly expenses.
The LEEP Program makes the green upgrade decision easy. “LEEP” stands for Lighting Energy Efficiency Program. It is a revolutionary Innovest financing tool that allows clients who wish to upgrade to energy efficient hardware, to finance the hardware and installation by paying a portion of the energy cost savings monthly. The result is a cash flow positive savings for the client. It is available for our Demand Cost Reduction pole-mount or box unit, as well as all of our efficiency solutions.
Another satisfied client, Pinnacle Sports athletic facilities in Ohio, serve their mission of “Developing Athletes for Life” with a focus on excellence. Rich Garbinsky, General Manager of Pinnacle, knew the best lighting technologies would be best for his athletes and staff. “By taking advantage of Shepherd Energy Solutions LEEP program we were able to significantly improve our sports lighting without having to come out of pocket. Our savings pays for the project every month,” said Mr. Garbinsky.
With word about LEEP spreading fast, look for much more news to come soon. It has been a busy month at Innovest, for both the Commercial & Industrial Division, and the forthcoming Biotechnology & Health Sciences Division. Look for much more information to come soon. Innovest uses Twitter, which can be accessed both on Twitter @innovestglobal and on the front page of our website www.innovestglobal.com, for important company updates. This includes information that may be material, so please follow us and visit our website regularly! For more information on Innovest contact info@innovestglobal.com, or call Innovest Investor Relations Matt Rego at 216.815.1122.
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