Article
Description
The proposed business combination is expected to be supported by a private capital raise and/or a PIPE transaction, in each case is/are expected to be completed prior to the closing of the proposed business combination. The reference equity value ascribed to H2B2 is expected to be $750 million, subject to adjustment based on the valuation ascribed to H2B2 in the capital raise transaction, plus a premium of 10% contingent on a minimum size of the capital raise transaction.
Other articles in the issue
Gas Liquids Engineering Ltd. (GLE) is pleased to announce the successful completion of detailed engineering for integration of hydrogen production and storage as a part of ATCO Gas and Pipelines Ltd.'s (ATCO's) Fort Saskatchewan Hydrogen Blending Project.
Today Modern Hydrogen announced an oversubscribed $32.8 million Series B-2 funding round led by NextEra Energy, with strategic investors & partners Miura and National Grid Partners also participating.
Aker Carbon Capture has been awarded a large-scale carbon capture project by Ørsted, a global leader in renewable energy, for its Ørsted Kalundborg Hub in Denmark. As the carbon capture provider, Aker Carbon Capture will deliver five Just Catch units, additional equipment such as liquefaction systems, and temporary CO2 storage and on-/offloading facilities with an expected total contract value above EUR 200 million.
Streamline Innovations, Inc. (“Streamline”) announced the introduction of the VALKYRIE® ECO and VALKYRIE ECO FLEX H2S treating solutions configured specifically for agricultural biogas and Landfill Gas (LFG) operations.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.