The client is a leading global power generation company focused on flexibility, speed, and affordability.
The client reached out to EquipNet for immediate clearance on a number of transformers and generators located at a warehouse in Panama. Warehouse costs were becoming burdensome and the client needed to sell the assets within the next six months.
The company wished to group together various assets into single lots to expedite its clearance efforts. Equipment included a number of leading manufacturers such as ABB, Siemens, MTU and others.
EquipNet was able to find one buyer to purchase 16 of the lots which included over 60 transformers. With this sale alone, the seller achieved the clearance the company was looking for, while generating over $150,000 in sales proceeds.
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