News

More News from CGE Energy

Shareholder Update (February 22, 2023)

Posted

This Shareholder Update covers CGE's annual shareholder meeting scheduled for March 3, 2023 and CGE's ceasing to support the OTC Pink market.

CGE Energy Completes “Sustain” Program to Advance Madonna University’s Sustainability Goals

Posted on in News

CGE Energy (OTCPink:CGEI), the leading engineer of no capital cost energy solutions, completed a CGE Sustain project for Madonna University, in Livonia, Mich. This is Madonna’s most recent sustainability project that further demonstrates one of their Franciscan values of reverence for creation. Previously, the University’s founders, the Felician Sisters, had more than 400 solar panels installed on the University’s Franciscan center which received LEED® (Leadership in Energy and Environmental Design) certification at the Gold level from the U.S. Green Building Council.

CGE Energy has been a sustainability partner with Madonna University since 2010. With this recent CGE “Sustain” program, Madonna University was able to implement needed energy upgrades with immediate positive cash flow and no capital outlay. All maintenance and ongoing servicing was included in the program. Having $0 invested with CGE “Sustain,” Madonna University’s utility bill is reduced each month, energy savings fully pay for the Sustain program, and the excess savings can be reinvested into the campus.

The University is dedicated to the utmost safety for it’s 3,100 students. Some of the improvements in the “Sustain” program included increasing light levels and security along the exterior walkways and parking lots as well as redesigning and upgrading the interior hallway and library lighting to make these environments more inviting.

This project will pave the way for many other universities to make their sustainability goals possible. With the “Sustain” program thoroughly vetted by Madonna’s legal team, they made sure this project is a “win” for them as a customer, CGE and the planet. With the CGE “Sustain” program and its guaranteed energy savings and worry-free maintenance, Madonna University is able to maintain its focus on expanding its academic programs and other sustainability endeavors.

About CGE Energy

CGE Energy (OTCPink:CGEI) makes it easy for businesses, local governments, and non-profits to receive the benefits of sustainable energy projects with no upfront cost. CGE hand-selects the very best facilities to partner with and turns their wasted energy into immediate and continuous savings for the customer. By uniquely selling sustainability-as-a-service, CGE’s proprietary Sustain business model delivers an exclusive combination of today’s best energy efficiency and sustainable energy generation technologies, including CGE’s exclusive WIND-e20 wind turbine, http://www.cgeenergy.com.

About Madonna University

Liberal arts education, career preparation and service-learning have been the hallmarks of a Madonna University education for 80 years. In addition to the beautiful main campus, conveniently located at I-96 and Levan Road in Livonia, Madonna offers academic programs in Gaylord, Macomb, and online in China, and Haiti. Founded by the Felician Sisters, Madonna is Michigan’s most affordable, independent, Catholic, liberal arts university. Students can earn a Madonna degree in more than 100 undergraduate and 30 graduate programs in the colleges of arts and humanities, natural and social sciences, education, and nursing and health, as well as the School of Business.
www.madonna.edu

This release may contain forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words “expects,” “anticipates,” “intends,” “believes” or similar language. These forward-looking statements involve risks, uncertainties, and other factors. All forward-looking statements included in this release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements.