Elias Samaras and Jacques De Saussure entered into agreement to acquire 6.68% stake in EuroSite Power Inc. (OTCPK:EUSP) from American DG Energy, Inc. (AMEX:ADGE) for $2.2 million on August 9, 2016. As per the terms of agreement American DG Energy, Inc. will sell 3 million shares to Jacques de Saussure and 2.5 million shares to Elias Samaras. The proceeds from the sale will be utilized by American DG Energy to repay debt holders Trifon Natsis and Despina Pantopoulou Natsis. Elias Samaras and Jacques De Saussure completed the acquisition of 6.68% stake in EuroSite Power Inc. (OTCPK:EUSP) from American DG Energy, Inc. (AMEX:ADGE) on September 30, 2016.