Aquion Energy Inc., the closely held battery manufacturer that attracted investors including Microsoft Corp. co-founder Bill Gates before filing for bankruptcy, has emerged from Chapter 11 and is resuming operations.
Aquion will rebuild engineering, operation and sales teams after restructuring its debt, the company said July 21 in a statement. The firm said it’ll focus on expanding into China and other global markets. Juline-Titans LLC bought the company’s assets out of bankruptcy last month for $9.16 million, according to court documents.
Just three years ago, Aquion was luring high-profile investors including Gates, utility owner Exelon Corp. and oil companies including ...
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