Acquisition Would Unite Revolutionary Flex Technology with Ingersoll Rand’s Industry Leading Microturbine Solution IRVINE, Calif.--(BUSINESS WIRE)--FlexEnergy (www.flexenergy.com), a clean tech business with the breakthrough solution to create clean energy with near zero emissions from harmful greenhouse gases, announced that it has signed a letter of intent to acquire the assets of the Energy Systems business of Ingersoll Rand (NYSE:IR), a world leader in creating and sustaining safe, comfortable and efficient environments. Details of the proposed transaction were not announced. The Energy Systems business provides products, services, and solutions that enhance their customers’ energy efficiency, productivity, and operations. Their diverse and innovative products include environmentally friendly microturbines, microturbine systems and recuperators. FlexEnergy has unveiled the innovative Flex Powerstation technology allowing the transformation of harmful and previously unusable methane gas into clean energy.
