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Bullboard - Stock Discussion Forum Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Industrials Pollution & Treatment Controls
Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology... see more

TSXV:TMG - Post Discussion

Thermal Energy International Inc > New Press Release - Thermal Energy Receives $3.7 Million Heat Recovery Order from One of Europe's Largest Food and Drink Producers
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Comment by Mostlyserious on Dec 07, 2023 8:17am
Fantastic deal for the client, hopefully leading to a few more similar projects. The payback with government funding is less than 2 years so wherever this was taking place in Europe, hopefully other clients will be enticed as well. NR updates my concern from a few days ago.  $19 M in orders received half way into the year which is 70% of last year, so growth continues.  I had $13 M ...more  
Comment by Mostlyserious on Dec 07, 2023 8:31am
Industrial Energy Transformation Fund is for UK. Multi phase program, phases 1 and 2 closed, 3rd commences Jan 2024. Not clear about total amounts available by phases but one figure is just under 400M Euros.  So, I imagine there is a lot of competition for the funds and getting some is an accomplishment.
Thermal Energy International Inc