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lti reenergy

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Moog buys renewable energy firm LTi REEnergy: New York-based Moog is paying EUR21.5m (USD29.6m) to acquire the remaining 60% stake of German renewable energy firm LTi REEnergy. The deal comprises EUR12m (USD16.5m) in cash and a EUR9.5m (USD13.2m) convertible note payable in February of next year. LTi operates in the wind, solar and biomass sectors producing...; Tags: Renewable Energy, Photovoltaics, High-performance, Energy Company, Moog, LTi REEnergy, Manufacturing, Telecom & Utilities, Leadership, Management, Editorial; Articles 2009-06-15

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