Mass. flywheel power-storage system gets a post-bankruptcy buyer

From CNet (whole article here): "Beacon Power of Tyngsborough, Mass. says it has reached a deal with private equity firm Rockland Capital to buy most of its assets for $30.5 million. That includes Beacon Power's intellectual property around flywheel grid storage and a New York energy storage project partially financed by a Department of Energy loan guarantee."

It's unclear what will happen to its Tyngoborough headquarters, where the 7-foot-tall flywheel "batteries" were made.

Here's my last story about them, after the bankruptcy.