Next-generation energy and technology company Zenergy Brands, Inc. (OTC: ZNGY) this morning announced that it has closed a Zero Cost contract with a Texas-based franchisee of a well-known fast food restaurant chain in a deal worth an aggregate contract value of $393,969. “We are excited about this partnership and hopeful that this deal marks the beginning of an upward trend whereby we can secure more Zero Cost contracts with other similar franchisees,” Jeff Bay-Andersen, Zenergy’s vice president of business development, stated in the news release. “In fact, we have already commenced discussions and early stage engagements with three more franchisees in recent weeks.” Per the update, the Managed Energy Services Agreement encompasses a seven-year agreement for energy efficiency and conservation technology installations across eight of the franchisee’s locations in the Southeast Texas area.
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About Zenergy Brands, Inc.
Zenergy Brands, Inc. is a next-generation energy and technology company operating in the emerging smart energy/utility industry. The company provides energy conservation, smart controls and efficiency-based products and services as a fully integrated energy company. For more information, visit the company’s website at www.ZenergyBrands.com
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