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JD Holdings Closes Acquisition of Assets of VRB Power

Status: Complete
Complete Date: January 29, 2009
Announce Date: December 23, 2008
Buyer: JD Holdings Inc. of Beijing, China
Trans. Value ($K): Subscriber Only
Terms: Subscriber Only
Buyer Business: Prudent Energy specializes in the development and commercialization of a new type of large-scale energy storage product—the vanadium redox battery. Prudent Energy is wholly owned by JD Holdings.





Company Deals and People
Date
Title
Type
2009/1/29
JD Holdings Closes Acquisition of Assets of VRB Power
M&A
2008/3/3
Justin K Lacey, VP, Sales and Marketing
Management
2008/3/3
Brian Beck, VP, Business Development
Management
2007/8/8
VRB Power Systems Closes Bought Deal Financing
Financing
2006/9/29
VRB Power Systems Closes Bought Deal Financing
Financing
2006/1/4
Simon Clarke, EVP, Corporate Development
Management
2005/7/12
VRB Power Completes $10.2 Million Financing
Financing
2005/5/30
VRB Power Completes Acquisition of Reliable Power
M&A
2004/10/20
VRB Power Systems Closes Private Placement
Financing
2004/9/24
VRB Power Announces US $2.8 Million Financing
Financing
2004/2/6
VRB Power Systems Completes Private Placement
Financing
2003/8/28
Timothy Hennessy, CEO
Management
2003/7/16
VRB Power Systems Secures Additional Debenture Financing
Financing
2003/7/10
VRB Power Systems Completes Convertible Debenture Financing
Financing
2002/11/28
Vanteck (VRB) Technology Completes Private Placement
Financing
2002/7/24
Vanteck Closes Financing
Financing

 
VRB Power Systems Inc.
TSX-V: VRB; Pink Sheets: VRBPF
formerly: Vanteck (VRB) Technology Corp.
» To this firm page « (subscriber only)

13955 Bridgeport Road, Suite 200
Richmond, BC   V6V 1J6
Tel:  (604) 247-3300
Fax:  (604) 247-3313
http://www.vrbpower.com

Sector - Other Energy Related

Business Description
VRB Power Systems is an energy storage technology developer. Its patented VRB Energy Storage System (VRB-ESS™) can economically store and supply large amounts of electricity on demand and is focused on stationary applications.


Company News
Prudent Energy Closes US $22 Million Series C Round 2010/3/2
VRB Power Systems Changes Name to Nevaro Capital Corporation 2009/8/21