SunSi Energies Inc. (SSIE: Quote), a renewable energy company and provider of the specialty chemical trichlorosilane, announced the completion of the acquisition of a controlling interest in TransPacific Energy, Inc. or TPE.
The company stated that the acquisition increases its equity stake to about 51%. As a result, SunSi will immediately begin to consolidate TPE's operating results on a prospective basis.
Based in Nevada and California, TPE is a high-tech corporation that designs, builds, owns, operates, sells and installs proprietary, custom made modular Organic Rankin Cycles utilizing multiple environmentally sound and low global warming potential refrigerant mixtures.
SunSi also announced it has scheduled a major European institutional roadshow and strategic business meetings which will run for about ten days from late August 2012 through early September 2012. The event will enable the company to present the economic benefits of TPE's patented core heat recovery technology to investors and serve as a platform to launch the Company's aggressive expansion plans for TPE's technology and synergistic acquisition strategy.
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by RTT Staff Writer
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