|
|
|
|
Genie Retail Energy Discloses Purchase Price For Prism Solar Technologies
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
In a 10-Q, Genie Retail Energy (GRE) disclosed the purchase price for its previously reported acquisition of a majority stake of Prism Solar Technologies
"On October 25, 2018, GRE completed its transaction to acquire a 60.0% interest in Prism in exchange for a total consideration of $4.0 million, which include (i) the conversion of $1.4 million of principal amount of Bridge Loans, including any accrued interest, to Prism into equity, (ii) $1.1 million in cash, and (iii) an obligation to fund an additional $1.5 million within 60 days," Genie said in the 10-Q
ADVERTISEMENT Copyright 2010-16 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
November 12, 2018
Email This Story
Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Director of Sales & Marketing -- Retail Supplier -- Houston
• NEW! -- Sales Director -- Houston
• NEW! -- Director of Sales
• NEW! -- Energy Sales Representative
• NEW! -- Manager Business Field Sales -- Retail Energy
• NEW! -- Senior Energy Consultant
• NEW! -- Supply Analyst -- Retail Supplier
• NEW! -- Controller -- Retail Supplier -- Houston
• NEW! -- Outside Sales Executive -- Retail Energy
• NEW! -- Channel Sales Manager -- Retail Supplier
• NEW! -- Sr Analyst, Supply and Pricing -- Retail Supplier -- Houston
• NEW! -- Customer Retention Analyst -- Retail Supplier -- Houston
|
|
|