Update on ETEC/ECOtality Bankruptcy

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Update on ETEC/ECOtality Bankruptcy

• October 14, 2013

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Todays Speakers

• Janea A. Scott
• Commissioner
• Allan L. Ward, II
• Chief Counsels Office

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Entities in the Bankruptcy Proceeding
ECOtality, Inc.
ECOtality, Stores Inc.
Electric Transportation Engineering Corp. (ETEC)
ETEC North, LLC
The Clarity Group, Inc.
G.H.V. Refrigeration, Inc.
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Successful Bid Structure

• (i) Intertek Testing Services NA Inc. will pay
  750,000 for the eTec Labs business line.
• (ii) Access Control Group LLC will pay 250,000
  for the Minit-Charger business line.
• (iii) Blink Acquisition LLC will pay 3,335,000
  for the Blink Network business line.

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Car Charging Groups Press Release

• The assets included in the transaction are all
  of Blinks inventory, the more than 12,450
  installed electric vehicle Level II charging
  stations, the 110 DC Fast charging stations, and
  the Blink network, which is the turnkey operating
  system for EV drivers, commercial businesses, and
  utilities, that services the Blink stations.

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Where to Find Information

• The following website has electronic documents of
  the court proceeding
• http//www.kccllc.net/ecotality/document/list/370
  4?nh1
• Doc. 100 has the list contracts that can be
  assigned.
• Doc. 3 and a diagram at the end of 1 show the
  corporate entities involved and their
  relationships.
• Doc. 197 is the Notice of Successful Bidders.
• A few objections by entities over the possible
  assignment and cure amounts of their contracts.

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Further Questions on CEC Efforts?

• Email ab118_at_energy.ca.gov
• Phone [phone]