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Clear Blue Technologies Acquires Esite Power Systems And Provides Private Placement Update

PRIVATEJan 23, 2023

Acquiring Company

Clear Blue Technologies International

Acquired Company

eSite Power Systems

TorontoEnergyHardwareSolarElectronicsSmart CitiesWirelessEnergyRenewable Energy

Description

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.

Quick answer

Clear Blue Technologies International is acquiring eSite Power Systems, announced January 23, 2023. Clear Blue Technologies International is based in Toronto, Ontario, Canada.

How much did Clear Blue Technologies International pay for eSite Power Systems?
The deal value was not disclosed.
What does Clear Blue Technologies International do?
Clear Blue Technologies International Inc. is a company specializing in Smart Power for Internet of Things, Smart City and Telecom markets around the world.
Where are Clear Blue Technologies International and eSite Power Systems based?
Clear Blue Technologies International is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

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Company Information

Company

Clear Blue Technologies International

Location

Toronto, Ontario, Canada

About

Clear Blue Technologies International Inc. is a company specializing in Smart Power for Internet of Things, Smart City and Telecom markets around the world.

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Frequently asked

Who acquired eSite Power Systems?

eSite Power Systems was acquired by Clear Blue Technologies International, based in Toronto. The deal was reported on January 23, 2023. Clear Blue Technologies International Inc. is a company specializing in Smart Power for Internet of Things, Smart City and Telecom markets around the world. Clear Blue Technologies International is privately held and operates in Energy.

When did Clear Blue Technologies International acquire eSite Power Systems?

Clear Blue Technologies International's acquisition of eSite Power Systems was reported on January 23, 2023. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does eSite Power Systems do?

eSite Power Systems is a Swedish technology company that specializes in power supply systems for telecom sites. It is privately held, operating in Energy.

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