EGPI Firecreek, Inc. (EFIR.OB) Makes a Bold Move into Solar Thermal with the Acquisition of Arctic Solar Engineering
EGPI Firecreek, www.egpifirecreek.com – the oil and gas developer with proficiencies in the DOT construction and intelligent traffic system markets that is also aggressively targeting alternative energy, reported entry into a binding letter of intent yesterday whereby the Company will acquire privately held solar thermal supplier/integrator, Arctic Solar Engineering, LLC (ASE). Superior product-space acumen and the capacity to ingeniously design energy saving systems which employ proven/patented solar thermal technology developed over three decades ago by Daimler Aerospace is what separates ASE from the competition. The ability to reduce energy consumption by up to 70% is something that the St. Louis,…