SunSi Energies Increases Equity Stake In TransPacific Energy

Posted by SI Staff on July 11, 2012 No Comments
Categories : FYI

SunSi Energies Inc., a provider of trichlorosilane to the solar sector, says it has increased its equity stake in TransPacific Energy Inc. (TPE) to approximately 45%.

In April, SunSi entered into an agreement to acquire a 51% controlling interest in TPE and expects to acquire the additional equity necessary to reach the 51% threshold by the end of this month.

TPE's proprietary heat-recovery and energy-conversion process uses multi-fluids to maximize heat recovery and convert waste heat directly into energy.

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