Solyndra’s surplus assets to be offered through global webcast auction

October 19, 2011
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It was recently revealed that Solyndra’s surplus assets will be auctioned off through a global webcast and in person auction by Heritage Global Partners beginning Wednesday, November 2 through Thursday November 3.

Heritage was granted approval by the bankruptcy court on October 17 to conduct the auction for the surplus assets that will not be required for the restart of the company’s production process. Solyndra still intends to sell its core assets on a turnkey basis through a separate process that was approved by a bankruptcy court.

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Solyndra’s auction is set to feature thousands of assets, finished inventory, manufacturing equipment, office furnishings, work stations, computers, networking equipment, machinery and OEM spare parts.

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