After a bankruptcy auction where four bidders vied for battery maker Aquion Energy Inc., an entity called Juline-Titans LLC had the winning $9.16 million bid, the Pittsburgh Post-Gazette reported today. The firm, which registered in Delaware on May 30, is an affiliate of the China Titans Energy Technology Group. Titans is an investment holdings company that “engages in research, development, manufacture and sale of electric products and equipment” in China. Aquion, the Lawrenceville, Pa.-based saltwater battery manufacturer, filed for bankruptcy in March after a decade of raking in Silicon Valley bonafides and capital. It will go before a bankruptcy judge to certify the sale.
