09:46 AM EST - Schneider Power Inc. : announced that it and Quantum Fuel Systems Technologies Worldwide, Inc. have completed their previously announced share exchange transaction, effective as of April 16, pursuant to which Quantum has acquired all of the issued and outstanding common shares of Schneider Power. Quantum and Schneider Power anticipate that the transaction will create a number of synergies, including a more vertically and horizontally-integrated alternative energy company with a seasoned project development skill set for both wind and solar power generation projects, the prospect of the in-house solar project development using Quantum's high quality PV modules and participation in cash flows from Schneider Power's producing assets and projects with development agreements. Schneider Power Inc.
shares V.SNE are trading even at $0.15.
