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To: Thomas Fletcher who wrote (126692)12/30/2004 11:26:20 AM
From: Thomas Fletcher  Respond to of 208838
 
BCON News.
On December 27, 2004, Beacon Power Corporation (the "Registrant") entered into an Assignment with CRT Capital Group LLC (the "Transferee") for the sale and transfer of the Amended and Restated Warrant (the "Warrant") dated as of October 18, 2004 issued by Evergreen Solar, Inc., a Delaware corporation ("Evergreen"), for shares of common stock, $.01 par value per share, of Evergreen held by the Registrant. The Registrant purchased the Warrant from Evergreen for $100,000.00. The aggregate purchase price paid by the Transferee to the Registrant for the sale and transfer of the Warrant is $1,800,000.00.