San Diego-based Helix Wind (OTC:[[ticker:HLXW]]) said today it has inked non-binding agreements to acquire the business assets of Abundant Renewable Energy, of Newberg, OR, and Renewable Energy Engineering for $4 million to $6.5 million in cash and restricted stock in Helix Wind. Helix reports that the buyouts will add more products to its portfolio, including Abundant Renewable Energy’s 2.5 kilowatt and 10 kilowatt wind turbines. Bruce recently spoke with Helix about the firm’s vision of small-scale wind turbines on every rooftop.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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