PRESS RELEASE - Update
October 17, 2024
Enel X Way USA LLC, will enter an Assignment for Benefit of Creditors on October 11, 2024, to manage closure and offer transfer of Customer Management (Clients) and the sale of Assets for Bid in an Auction on October 29, 2024. An agreement has been reached with the existing Software as a Service (SaaS) provider to allow existing JuiceBox & Enel X Way USA LLC customers and clients continued use of their software and mobile applications to run for an extended period. Inquiries regarding any outstanding matters, including customer accounts, orders, or obligations, can be directed to juiceboxnorthamerica.com
Liquid Asset Partners will be managing an auction process and accepting Qualified Bids until October 22, 2024 at their website www.LiquidAP.com/currentprojects/juicebox for the groups of following assets:
- Transfer of Customer Management & Implement a new SaaS for Residential Customers (120,000 +/- currently).
- Transfer of Customer Management & Implement a new SaaS for Commercial Customers (25,000 +/- currently).
- Bulk Purchase of 17,000 +/- JuiceBox Chargers (without SaaS)
- An auction of Miscellaneous test EV Vehicles and Corporate Assets.
Bidders must sign an NDA to receive additional information & submit their bids by 4pm EST October 22, 2024. Qualified Bidders will be invited to attend a Virtual Auction on Tuesday, October 29, 2024. To qualify for the auction Bidders must meet a number of Requirements including outlining Financial wherewithal to consummate their purchases, outlining operational and technical Wherewithal to complete the transfer of existing Customers to a new SaaS software system that will work efficiently with the existing customer Hardware, a Brief bio, references, Timing commitment to transfer SaaS (Commercial and/or Residential) via a cooperation agreement, and signature of a TSA (Transition Service Agreement) with the current software provider outlining the details of the transition of Customers (clients) to the new SaaS with payment of Basic TSA costs.
A Stalking Horse Agreement has been reached for the opening bid of the Assets.
