("SPI") (OTCBB: SOPW), a vertically-integrated photovoltaic ("PV")
developer, today announced its intention to enter into a strategic
partnership with ZBB Energy Corporation (NYSE MKT: ZBB), a leading
developer of innovative energy management systems solutions serving
the utility, commercial and industrial building markets. As part of
the proposed strategic partnership, the parties have executed today a
Securities Purchase Agreement (SPA) valued at $33.4 million,
consisting of a combination of newly issued common stock and
convertible preferred stock of ZBB.
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