Beacon Power To Sell Flywheel Plant To Settle DOE Loan - Renew Grid

11/21/11


CNET

Beacon Power To Sell Flywheel Plant To Settle DOE Loan
Renew Grid
The deal took place last week during the second Delaware court hearing in the company's Chapter 11 bankruptcy proceeding. The company filed for bankruptcy on Oct. 30. Beacon Power must sell the plant by Jan. 30, 2012, so that the LPO can recover the ...
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