Clear Blue Technologies Acquires Esite Power Systems And Provides Private Placement Update
01/23/23, 12:32 PM
Industry
wireless
solar
electronics
energy
renewable energy
energy
Clear Blue Technologies International Inc. (“Clear Blue” or the “Company”) (TSXV: CBLU), the Smart Off-GridTM Company, announces that it has closed the acquisition of eSite Power Systems, announced on December 21, 2022. The purchase of eSite has been financed by issuing 3,000,000 Clear Blue common shares to eSite Power Systems’ shareholders and is being completed on a cash-free, debt-free basis.
Company Info
Company info
Clear Blue Technologies International, the Smart Off-GridTM company, was founded on a vision of delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems. Today, Clear Blue has thousands of systems under management across 37 countries, including the U.S. and Canada. (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF)