Tuesday, October 11, 2011

Hilco Industrial to Conduct the Sale for the PV Solar Wafer/Cell/Panel Manufacturing Assets at Evergreen Solar, Located in Devens, Massachusetts, as O


FARMINGTON HILLS, Mich. - Monday, October 10th 2011 [ME NewsWire]

(BUSINESS WIRE)-- Hilco Industrial: SALE OF EVERGREEN SOLAR’S STATE OF THE ART FULLY INTEGRATED PV SOLAR WAFER/CELL/PANEL MANUFACTURING FACILITY AS ORDERED BY THE US BANKRUPTCY COURT:

The United States Bankruptcy Court has appointed Hilco Industrialas the exclusive agent to conduct the sale of the Evergreen SolarPV Solar Wafer/Cell/Panel Facility in Devens, MA and String Plant in Midland, MI, the real estate andall related assets housed in the facilities that were used to manufacture solar Wafers to Panels. Qualifying bidders must submit all bids by October 26, 2011 to participate in the final auction taking place November 1, 2011 for the assets located at Evergreen Solar’s facilities in Devens, Massachusetts and Midland, Michigan. Contact Hilco for bid procedures and locations.

With more than $425M (US) invested to develop this facility in 2009, Evergreen Solarhas perfected Wafer, Solar Cell and Solar Panel production to an unsurpassed level of efficiency. All related assets housed in the state of the art Devens, MA and Midland, MI facilities are also offered for sale.

All bidders must qualify in order to bid on the assets that will be offered in various lot configurations.Due diligence and other pertinent information can be found on our web site at www.hilcoind.comand also at http://dm.epiq11.com/Evergreen.

About Hilco Industrial, LLC

Hilco Industrial (www.hilcoind.com) provides industrial asset disposition services, specializing in selling machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies through on-site, online and combination “webcast” auction sale events as well as negotiated (private treaty) sales. Hilco Industrial maintains offices in key cities worldwide. It is a unit of Hilco Trading, LLC, an international leader in asset valuation, acquisition, disposition and advisory services.

Contacts

Hilco Industrial, LLC

Robert Levy

E-mail: rlevy@hilcoind.com

Phone: (248) 254 9999 x15



Brian Lee

E-mail: blee@hilcobid.com

Phone: (203) 258 0927

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