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

On September 7, 2011, Blue Earth, Inc. acquired 100% of Xnergy, Inc. and its subsidiary HVAC Controls & Specialties, Inc., a Carlsbad, California based energy services company. The company also purchased ecoLegacy, LLC, a financing vehicle for Xnergy.

“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’). Simultaneously, the Company purchased all of the membership interests of ecoLegacy, LLC (“eco”), a California limited liability company, which serves as a financing vehicle for Xnergy.”

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