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Solyndra’s Assets to be Auctioned Off Online

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SAN DIEGO, Oct. 20, 2011 — Heritage Global Partners will conduct a global webcast auction of surplus assets held by Solyndra LLC, a cylindrical solar panel manufacturer that filed for bankruptcy protection under Chapter 11 on Sept. 6. The auction will take place Nov. 2-3 via live global webcast and in person at the company’s Fremont facility. Heritage Global Partners obtained approval from the bankruptcy court on Oct. 17 to conduct the auction of surplus assets not required for the restart of Solyndra’s production process. Solyndra plans to sell its core assets on a turnkey basis through a separate...Read full article

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    Published: October 2011
    AmericasBusinessCaliforniaChapter 11 bankruptcyCommunicationscylindrical solar panel manufacturerenergygreen photonicsHeritage Global Partnersindustrialmanufacturing equipmentOEMsolarSolyndra

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