Source: The Business Journals: Greensboro/Winston-Salem/High Point

EnSync: Menomonee Falls' EnSync on the brink of discontinuing operations

EnSync Energy's financial problems continue to worsen, as the Menomonee Falls-based maker of energy storage and management systems now says it's on the verge of discontinuing operations. In a recent news release, the company mentions the loss of an apparently significant contract deal. Toward the end of its fiscal 2019 second quarter, a buyer sent a termination letter to the company for a power purchase agreement associated with a project in Hawaii that would have "provided significant upfront...

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Sandeep Gupta's photo - Interim-CEO of EnSync Energy

Interim-CEO

Sandeep Gupta

CEO Approval Rating

80/100

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