Heritage Global Partners and Schneider Industries will conduct, in
partnership, a live bulk and piecemeal auction of the assets of AE
Polysilicon Corporation ("AEP"), a polysilicon manufacturer that has
developed an advanced process that uses fluidized bed reactors to
produce polysilicon in granular form, or "BBs," for the solar
photovoltaic energy. The sale of AEP’s enterprise includes a complete
world-class production facility of granular silicon as well as other
tangible assets consisting of capital equipment, technologies and
certain rights to intellectual property.
The auction of AEP’s assets will be staged on Tuesday, July 31, 2012,
beginning 9:00 am ET onsite at the facility– 150 Roebling Road,
Fairless Hills, PA 19030, as well as via dedicated private phone line
for pre-approved parties wishing to participate in Lots #1 through #7.
In the instance where a sale of Lots #1 through #7 is not consummated,
parties may participate in the lot-by-lot equipment auction via live
global webcast at www.hgpauction.com.
AEP’s proprietary polysilicon technology employs an innovative process
to produce polysilicon BBs, for the solar photovoltaic energy industry
via the deposition of trichlorosilane (TCS) as the feedstock to
fluidized bed reactors. This manufacturing method provides substantial
benefits including lower energy consumption as compared to the
traditional `Siemen`s` method for producing polysilicon and virtual
elimination of volatile waste gasses, resulting in the production of
high purity granular polysilicon. AEP’s polysilicon BB’s are uniform and
non-abrasive and do not generate substantial amounts of fines and dust
compared to silane based FBR production methods.
The offering of AEP as a complete enterprise allows parties interested
in gaining a major foothold in the solar supply chain the opportunity to
acquire a, fully-automated, state-of-the-industry operation at an
attractive price. Strong worldwide demand is expected for AEP’s
world-class turnkey production facility, capital equipment, technologies
and related intellectual property.
Sale details, lot configurations, terms and conditions available via: www.hgpauction.com
Potential bidders are welcome to visit the facility and meet with
management during the two calendar weeks preceding the auction. Please
contact us to schedule a visit.
Heritage Global Partners
Brandon Smith, 973-265-4090
J C I R
Robert Rinderman or Jennifer Neuman, 212-835-8500