MARICOPA SOLAR ASSETS TO BE AUCTIONED ON APRIL 17

By March 26, 2012Press Releases

Heritage Global Partners to conduct public auction

of Solar Thermal Farm featuring

Energy SunCatcher™ Solar Dish Technology

San Diego, CA – March 27, 2012 On behalf of Maricopa Solar, LLC, Heritage Global Partners will conduct a global webcast bulk auction of company assets, in partnership with Hilco Industrial and BidItUp, and in collaboration with Auction AZ. The approval of Debtor’s Motion to engage Heritage Global Partners is currently pending in the United States Bankruptcy Court for the District of Arizona.  Following approval, the auction will be staged on Tuesday, April 17, 2012, beginning at 9 am MT via live global webcast at www.hgpauction.com and onsite at 8475 N. 75th Ave. in Peoria, AZ.

Prior to the auction, a one-day open to the public inspection will take place on Monday, April 16th, from 9:00am – 4:00pm MT at the plant location in Peoria, AZ.

This bulk and piecemeal offering of Maricopa Solar will feature a complete 1.5 MW Solar Thermal Farm to include 60 Stirling Energy SunCatcher™ Solar Dish Engine Systems and related support equipment including Switchgear and telecom assets. Complete details and sale catalog can be found on www.hgpauction.com.

“This sale is truly an exceptional opportunity for buyers to realize a unique technology and prospect to acquire a high-quality renewable power source,” said David Barkoff,  Director of Sales, Heritage Global Partners.

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