Energy Management Contract definition

Energy Management Contract or “EMC” means a business model under which an energy management solutions company enters into an energy management contract with a customer, under which the company will provide to the customer a series of energy management services including project design, project financing, equipment procurement, project construction, equipment installation and commissioning, and energy services, and the company will recover its investment and reap a profit by collecting energy management fees from customers.
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Examples of Energy Management Contract in a sentence

  • CR Energy Services possesses capacity for provision of investment, procurement, assembly, commissioning and management services for energy efficiency and emission reduction projects, and may in the future participate in the tenders conducted by the Group in relation to Contract Energy Management, Contract Environment Management and Exclusive Operation.

  • The proposed annual caps for the transactions in relation to the provision of Contract Energy Management, Contract Environment Management and Exclusive Operation by CR Energy Services or its subsidiaries pursuant to the Framework Agreement for the years ending 31 December 2014, 2015 and 2016 are expected to be RMB100 million, RMB300 million and RMB500 million, respectively (equivalent to approximately HK$126.21 million, HK$378.63 million and HK$631.05 million, respectively).

  • Subject to the obtaining of the required Independent Shareholders’ approval for the Energy Management Contract, the Company is seeking a prior mandate from the Independent Shareholders before ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ enters into the Potential Loan Agreement and the possible execution of the Potential Joint Guarantees by Dacheng International Trade.

  • In light of the continuous transactions between the Group and CR Energy Services or its subsidiaries, on 5 December 2014, the Company entered into the Framework Agreement with CR Energy Services in relation to the provision of Contract Energy Management, Contract Environment Management and Exclusive Operation by CR Energy Services or its subsidiaries to the Group.

  • The Energy Management Contract is subject to a fixed term and is regarded as a one-off acquisition of capital asset (i.e. the Boiler Facilities) under the Listing Rules.

  • As part of the funding arrangement for the required funds under the Energy Management Contract, Modern Agricultural Fund, with its state-owned background, has been negotiating with Jilin Branch CDB for the Potential Loan of not more than RMB200,000,000 to be provided under the Potential Loan Agreement.

  • The purposes of the Potential Loan Agreement are to finance the Energy Management Contract regarding the Boiler Facilities.

  • As such, the transactions contemplated under each of (i) the Energy Management Contract; (ii) the Potential Loan Agreement and; (iii) the Potential Joint Guarantees constitute connected transactions of the Company under Chapter 14A of the Listing Rules, and is subject to the reporting, announcement and Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.

  • As such, the transactions contemplated under each of (i) the Energy Management Contract; (ii) the Potential Loan Agreement; and (iii) the Potential Joint Guarantees constitute connected transactions of the Company under Chapter 14A of the Listing Rules, and is subject to the reporting, announcement and Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.

  • The Potential Loan granted by Jilin Branch CDB will be a special purpose loan specifically granted for any funding requirements under the Energy Management Contract and the Boiler Facilities, as such, Jilin Branch CDB has preliminary expressed their intention in requiring Changchun Dahe to be one of the borrowers under the Potential Loan Agreement to comply with the borrowing policy of Jilin Branch CDB and subject to further internal discussion of Jilin Branch CDB.