Financial PositionThe transaction is expected to add $13M to the balance sheet, reduce costs by $8M annually, and allow the company to better utilize remaining capacity.
Market PotentialThe company's growing participation in the power generation market, including new order growth potential from refurbishment opportunities in the hydroelectric market bodes well for higher capacity utilization, and should translate into improving margins.
Revenue DiversificationSteps taken by management over the last 12-18 months to diversify revenues have allowed the company to navigate a challenging environment for the legacy wind business.