Sale of Abilene Wind Tower Facility
Sector: Wind • Location: Abilene, Texas, United States
Source: Stock Titan
Broadwind Inc. sold its Abilene, Texas wind tower production facility and related assets to Freeman Enclosure Systems, LLC, a subsidiary of IES Holdings, Inc., for up to $19.5 million. The sale includes real property, equipment, machinery, and other assets. Broadwind entered a short-term, below-market leaseback of the facility expected to end on September 5, 2026, and granted the buyer an option t
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Broadwind Inc. sold its Abilene, Texas wind tower production facility and related assets to Freeman Enclosure Systems, LLC, a subsidiary of IES Holdings, Inc., for up to $19.5 million. The sale includes real property, equipment, machinery, and other assets. Broadwind entered a short-term, below-market leaseback of the facility expected to end on September 5, 2026, and granted the buyer an option to purchase additional equipment for $500,000. This sale marks Broadwind's strategic exit from the wind market and a pivot to focus on power generation and critical infrastructure markets. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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