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Message: Sonnen

http://www.bloomberg.com/news/articles/2016-10-15/sonnen-considering-ipo-in-bid-to-rival-tesla-powerwall-storage

The company, formed in 2010 in Bavaria, sold its 10,000th battery this year and is taking on new stakeholders ahead of a potential IPO, according to its founder, Christoph Ostermann. Sonnen gained $85 million in a fresh financing round this fall, helped by new stakeholders Envision Energy and Thomas Putter, the former chairman of Allianz Capital Partners GmbH, said Ostermann.

Sonnen is seeking cash to develop its “virtual utility” business globally, stealing a march on Tesla and challenging conventional utilities, he said in a phone interview Oct. 14. The company is hooking up solar battery owners to allow them to share power and seeks sales in balancing conventional grids, said Ostermann. He envisages an IPO in one or two years.

Connection between "Livate" and Virtual utility?????

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