HomeBusinessEnergy Sector, Oil, & Gas Stock NewsNet Power (NPWR) CEO On Clean Energy & Stock Market Debut

Net Power (NPWR) CEO On Clean Energy & Stock Market Debut

Net Power (NPWR) transforms natural gas into clean energy. CEO Danny Rice joins Caroline Woods to discuss NPWR as it began trading today on the New York Stock Exchange. He talks about how NPWR completed a merger with Rice Aquisition Corp. The combined company is expected to have an enterprise value of approximately $1.5B and the transaction provides more than $675M in gross proceeds, including $540M in pipe capital. Danny discusses the energy landscape as a while and how NPWR fits into it. He then goes over the outlook on the company. Tune in to find out more about the stock market today.

Trading 360

09 Jun 2023

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