Blue Earth acquires Xnergy, Inc. and HVAC Controls & Specialties, Inc.

On September 7, 2011, Blue Earth, Inc. acquired 100% of Xnergy, Inc. and its wholly-owned subsidiary HVAC Controls & Specialties, Inc., a Carlsbad, California based energy services company. The deal was valued at $7,740,000 in stock plus assumed liabilities.

“On September 7, 2011 the Company acquired 100% of the outstanding common stock of Xnergy, Inc. and its wholly-owned subsidiary HVAC Controls & Specialties, Inc., a Carlsbad, California based energy services company (“Xnergy’).”

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