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NET Power Reports Third Quarter 2023 Results and Provides Business Update

NET Power Reports Third Quarter 2023 Results and Provides Business Update
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United statesNorth carolinaBaker hughesBaker hughes joint development programSecurities exchangeZachry groupBaker hughes joint development agreementCompany registration statement on formPower incEnergy trifectaProgressed project permianChief executive officerProject permianPorte demonstration facilityFront end engineeringCommon stock

NET Power Reports Second Quarter 2023 Results and Provides Business Update

Completed business combination with Rice Acquisition Corp. II on June 8, 2023, raising over $670 million of gross proceeds and began trading on the NYSE under the ticker “NPWR” Danny Rice. -Today at 07:31 am- MarketScreener

United statesNorth carolinaZachry groupCompany registration statement on formPower incBaker hughes joint development agreementSecurities exchangeSk groupEnergy trifectaBaker hughesDanny riceChief executive officerProject permianFront end engineeringCommon stockClassb common stock

Durham energy startup NET Power reports $649M cash on hand in first report as public company

NET Power, fresh off its merger in June to form a public company, reports it still has $649 million in cash on hand after the June 8 deal that generated $670 million to fuel its "energy trifecta" strategy.

United statesRice acquisition corpEnergy trifectaPrice acquisitionDanny rice

NET Power To Combine With Rice Acquisition Corp II To Accelerate Decarbonization Of Natural Gas Power Generation

Rice Acquisition Corp. II (“RAC II”), a special purpose acquisition company focused on supply-side decarbonization solutions, and NET.

United statesNorth carolinaRon degregorioVinson elkinsKyle derhamVicki hollubArchaea energy incIndustrial energy technology at baker hughesBarclays capital incBaker hughesCredit suisse securities united statesKirkland ellisArchaea energyPrice groupRivers capitalEnergy trifecta