Former CPV system manufacturer Energy Innovations will have its assets auctioned off by Heritage Global Partners as an Assignment for the Benefit of Creditors. The company was a Poway, California-based HCPV company until insolvency proceedings in the form of liquidation of assets were initiated by its creditors.
The online exclusive auction of the company’s non-core assets will commence on Tuesday, March 20, 2012 at 7am PT, and will see the selling-off of equipment from the company’s 60,000-square-foot assembly facility, including high-tech manufacturing and support equipment, furniture and fixtures from the fab.
“This auction will offer a cross section of equipment, which is fairly new, that can be useful in a variety of industries,” said George Wandachowicz of Heritage Global Partners.
Further information on the auction is available here.