FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Hilco Industrial: SALE OF EVERGREEN SOLAR'S STATE OF THE ART FULLY INTEGRATED PV SOLAR WAFER/CELL/PANEL MANUFACTURING FACILITY AS ORDERED BY THE US BANKRUPTCY COURT:
The United States Bankruptcy Court has appointed Hilco Industrial as the exclusive agent to conduct the sale of the Evergreen Solar PV Solar Wafer/Cell/Panel Facility in Devens, MA and String Plant in Midland, MI, the real estate and all related assets housed in the facilities that were used to manufacture solar Wafers to Panels. Qualifying bidders must submit all bids by October 26, 2011 to participate in the final auction taking place November 1, 2011 for the assets located at Evergreen Solar's facilities in Devens, Massachusetts and Midland, Michigan. Contact Hilco for bid procedures and locations.
With more than $425M (US) invested to develop this facility in 2009, Evergreen Solar has perfected Wafer, Solar Cell and Solar Panel production to an unsurpassed level of efficiency. All related assets housed in the state of the art Devens, MA and Midland, MI facilities are also offered for sale.
All bidders must qualify in order to bid on the assets that will be offered in various lot configurations. Due diligence and other pertinent information can be found on our web site at www.hilcoind.com and also at http://dm.epiq11.com/Evergreen.
About Hilco Industrial, LLC
Hilco Industrial (www.hilcoind.com) provides industrial asset disposition services, specializing in selling machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies through on-site, online and combination "webcast" auction sale events as well as negotiated (private treaty) sales. Hilco Industrial maintains offices in key cities worldwide. It is a unit of Hilco Trading, LLC, an international leader in asset valuation, acquisition, disposition and advisory services.
Contacts
Hilco Industrial, LLC
Robert Levy
E-mail: rlevy@hilcoind.com
Phone: (248) 254 9999 x15
or
Brian Lee
E-mail: blee@hilcobid.com
Phone: (203) 258 0927