to-the-point ZBB SPI wrap up strategic partnership deals
Jul 15, 2015 19:56 CEST
July 15 – US energy storage firm ZBB Energy Corp (NYSEMKT:ZBB) said on Tuesday it has closed its previously announced stock purchase and batteries supply deals with Solar Power Inc (OTCBB:SOPW), or SPI.
Under the terms of the supply contract, ZBB will deliver 40 MW of energy storage systems to SPI over a period of four years. This deal is valued at between USD 80 million (EUR 73m) and USD 120 million, depending on the mix of storage applications and installation requirements.
The other agreement saw SPI acquire a total of USD 33.4 million worth of newly-issued common and convertible preferred ZBB stock.
(USD 1.0 = EUR 0.913)
Recommends:
Anker® 14W Dual-Port Solar Charger with PowerIQ™ TechnologyTap into the sun’s radiance and power up your gadgets with freedom.Brilliant power supply. When you’re out enjoying the great outd…
Orange Dual USB Port Portable Charger Backup External Battery Pack ; Power Bank for iPhone 6,6+,5S, 5C, 5, 4S, 4, iPad Air, Mini Samsung Galaxy S6,S5, S4, S3 Note 4,3,2, Android Smartphone and Tablets ect; Two Mini Mini USB LED Light for Free.The Advantages are Extensive:
*Support for solar charging. Solar energy technology, environmental friendly and could recharge …
New Red 30000mAh Solar Power Bank Backup Battery Charger for GPS PDA Mobile PhoneDescription: ? Solar Plate Current:18.5Wh (Crystalline silicon) Cell type: Li-polymer battery Capacity: 30000mAh Input: 5.0V …
Solar Power Bank
