Zenergy Global Online Auction
Auction sale completed
Technology related assets utilized in the power industry
Auction Dates: Sep 25–26, 2012
Address:
Burlingame, CA
Auctioneer Fee: 15% Buyers Premium
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Company Overview
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Zenergy Power was formed in 2006 from the merger of superconducting experts Trithor GmbH in Germany, and a fault current limiter (FCL) research business 'SC Power Systems Inc', based in USA and Australia. The resulting business is one of the leading experts in electromagnetism in the World. This skill set was, until recently, used to research and commercialise a wide range of technologies aimed at the clean energy sector. One of these products was the magnetic fault current limiter (mFCL), a device designed to protect electricity grids against the growing problem of power surges.
State Compliance
- 1. Auctioneer/Auction Surety Bond Number 100178167
- 2. The auction is being conducted in compliance with Section 2328 of the Commercial Code, Section 535 of the Penal Code, and the provisions of the California Civil Code.