Acro Energy Issues stock options

US solar company Acro Energy Technologies has issued new stock options to officers and directors of the company to purchase 110,000 common shares in Acro for $0.24 per share for a term of five years, to vest over a period of two years.

Acro also issued new stock options to directors of the company to purchase 50,000 common shares at $0.27 per share for a term of five years, to vest immediately.

Acro Energy Technologies says it is focused on the consolidation and growth of renewable energy companies in the US residential solar energy installation market, offering quality products from leading solar module manufacturers including SunPower, Suntech, and Sharp.

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Tags: solar

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