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WAKE FOREST, N.C. - PowerSecure International Inc., which helps electric utilities and large power users manage their energy networks, said Wednesday it has won $30 million in new business from a major retailer.
| POWR | 3.89 |  0.44 |
Under the terms of the deal, PowerSecure will provide on-site power generation systems for new stores established by the retailer between 2009 and 2011. The customer, which was not named, has also agreed to extend an existing power monitoring agreement until 2011.
PowerSecure expects the deal to generate about $10 million in sales per year.
PowerSecure shares rose 4 cents to $10.30 in after-hours trading, after closing down 3 cents at $10.26 in the regular session.
At first I was going to post this story from the UK Telegraph as an interesting piece... food for thought if you will... with the tag that this t...
Online distributor for point of sale equipment, TYSSO and Pegasus.
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