Business
Heritage Global Partners to Host Exclusive Online Auction of Solar Assets by Order of US Bankruptcy Court
Auction kicks off tomorrow, April 30th and closes May 1st https://www.hgpauction.com/auctions/123968/sunworks-bk/ SAN DIEGO--(BUSINESS WIRE)-- Heritage

About this update from Heritage Global Inc.
[{"type":"text","content":"\nAuction kicks off tomorrow, April 30th and closes May 1st\nhttps://www.hgpauction.com/auctions/123968/sunworks-bk/\n\n\n SAN DIEGO--(BUSINESS WIRE)--\nHeritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), and a worldwide leader in asset advisory and auction services, has been selected to conduct an online auction of solar assets featuring ~8.8MW of solar panels, trucks, trailers, hardware, racking, inverters, intellectual property, and more, presenting an exceptional opportunity for prospective buyers.\n\n\nScheduled to commence on April 30, and conclude on May 1, 2024, starting at 11am CDT, bidders can participate through the auction website.\n\n\nThe assets on offer originate from Sunworks, Inc. (Case # 24-10215), Solcius, LLC (Case # 24-10216), Commercial Solar Energy Inc. (Case # 24-10217), and Sunworks United Inc. (Case # 24-10218). The assets to be auctioned present an exceptional opportunity for buyers and renewable energy companies seeking inventory and hardware, construction firms in need of equipment, companies interested in acquiring intellectual property, as well as entrepreneurs and individual consumers looking to enter or scale operations in the renewable energy sector.\n\n\nHighlights of the Equipment Available at the Auction Include:\n\n\n\n~8.8 MW of Solar Panels: Featuring renowned brands like Hanwha QCells, ZNShine, QPeak, APTOS, Heliene, VSUN, Panasonic, Canadian Solar and others\n\n\n\nTrucks, Trailers, Forklifts & More: Offering Ford, Chevrolet, and Nissan trucks and Vans, as well as a range of Nissan and Toyota forklifts\n\n\n\nInverters & Batteries: A range of brands like SolarEdge, Yaskawa Solectria, SMA, Fronius, Enphase and Tesla\n\n\n\nDavid Barkoff, Senior Vice President at Heritage Global Partners, commented on the upcoming auction, stating, \"This auction offers a rare chance for buyers across industries to secure quality solar panels and equipment at competitive prices. We have an enormous amount of mostly brand new equipment available, including solar panels, trucks, hardware and inverters -- this auction is an opportunity not to be missed. We're thrilled to facilitate this event and anticipate significant interest from participants in the renewable energy sector.”\n\n\nAbout Heritage Global Partners, Inc. (“HGP”)\n\n\nHGP is a subsidiary of Heritage Global Inc....