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  • American City Business Journals3 months ago

    In wake of big asset sale, Austin company brings in funding, restructures with bankruptcy

    P10 Industries Inc., the Austin company that was known as Active Power Inc. until selling off its assets in late 2016 , is restructuring as a way to generate a return for its new investors. Dallas-based 210 Capital has agreed to invest about $4.7 million for a 48 percent stake in P10, which has filed for Chapter 11 bankruptcy protection, the company announced late last week. When it was known as Active Power, the company produced backup power systems that could provide energy for businesses during emergencies or failures in electric supply.

  • Marketwired7 months ago

    Active Power Sale Complete to Langley Holdings PLC

    Active Power , the flywheel energy storage specialist, has completed the sale of its business to Piller Power Systems, Inc. pursuant to the Asset Purchase Agreement announced Sept. 30, 2016. The deal was ...

  • Marketwired7 months ago

    Active Power Stockholders Vote to Approve Disposition Under Asset Purchase Agreement with Langley Holdings PLC

    Active Power, Inc., , a manufacturer of flywheel energy storage products and modular infrastructure solutions, today announced the company received stockholder approval of the disposition under the asset ...