Mergers & AcquisitionsBy The Online Investor Staff, updated Sun., Jan. 29, 4:55 PM
|This Slide: #25 of 100|
Slide #25. Clear Blue Technologies International Inc. — eSite Power System
Clear Blue Technologies International Inc. (CVE:CBLU.CA)
eSite Power System
Clear Blue Technologies International Inc. ("Clear Blue" or the "Company") (TSXV: CBLU), the Smart Off-Grid 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.
Clear Blue Technologies International develops and sells "Smart Off-Grid" power solutions to power, control, monitor, manage, and proactively service solar and hybrid-powered systems such as street lights, security systems, telecommunications systems, emergency power, and Internet of Things ("IoT") devices. Under the Illumient brand, Clear Blue also sells solar and wind-powered outdoor lighting systems. Clear Blue provides ongoing power and energy delivery and management services with its Illumience service.
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