Latest news for VENCO Power

Helix Wind to acquire VENCO Power

(26/06/2009)

Helix Wind, Corp. has signed a binding Letter of Intent to acquire VENCO Power GmbH of Germany. The total purchase price of VENCO will depend on the value of the Euro at closing and will range from 2.75MM to 3MM EUR in cash and restricted common stock of Helix Wind, Corp. The acquisition of VENCO will bring 15 years of vertical axis wind turbine development and experience and broaden the product portfolio of Helix Wind by providing 3 addition... [more]

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