


E3 expands technology portfolio and international operations with equity stake in HESA Ltd. The investment provides access to an alternative energy technology portfolio which will be integrated into the company's operations.
I am very pleased to announce this equity transaction and the formation of HESA Energy in the US. I have known the principals in HESA Ltd. for nearly fourteen years and have been impressed with their innovation and the intellectual property that was developed in South Africa. Internationalizing this technology through this acquisition will allow both of our organizations to produce new products and services in the renewables energy market.