Revisit Alevo and the assets, the firesale where Magnis bought the kit...
Filings made in Alevo’s U.S. Bankruptcy Court case say that an auction for Alevo’s remaining assets — valued at $72 million for the manufacturing operation at the time of the Chapter 11 filing — was held Jan. 31. A filing Feb. 12 says that a bidder has contracted to buy all of the assets for $5 million in a deal that is slated to close Feb. 20.
https://www.bizjournals.com/charlot...ets-sold-battery-storage-plant-to-remain.html
https://www.bizjournals.com/charlot...roduction-and-relatively-small-debt-doom.html
https://www.independenttribune.com/...cle_866c1026-0c13-11e8-b852-e7b64a19f4a6.html
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