August 31, 2016 11:40 PM ET

Electrical Equipment

Company Overview of AEI Power GmbH

Company Overview

AEI Power GmbH manufactures photovoltaic inverters in the United States. The company offers 3-phase string inverters and accessories. Its inverters are used from single family homes to megawatt solar parks. AEI Power GmbH was formerly known as REFUsol Holding GmbH. The company is based in Metzingen, Germany. As of April 8, 2013, AEI Power GmbH operates as a subsidiary of Advanced Energy Industries, Inc.

Uracher Str. 91

Metzingen,  72555

Germany

Phone:

49 7123 969 0

Fax:

49 7123 969 202

Key Executives for AEI Power GmbH

Member of the Management Board
Age: 56
Member of the Management Board
Age: 61
Compensation as of Fiscal Year 2016.

AEI Power GmbH Key Developments

Advanced Energy Industries To Wind Down Solar Inverter Business; Decides Against Sale

Advanced Energy Industries, Inc. (NasdaqGS:AEIS) decides to wind down its Solar Inverter business, which is operated under AE Solar Energy, Inc., AEI Power GmbH and their subsidiaries. Over the past six months the company has engaged in a rigorous process exploring and evaluating various strategic alternatives for the Solar Inverter business, including a potential sale, joint venture, partnership, spin-off, licensing and other alternatives. To date, strategic discussions with third parties regarding the sale of the entire business have not provided sufficient value and terms that were in the best interest of our shareholders, customers, employees and partners. Therefore, the company has made the decision to wind down the Solar Inverter business.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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