NET Power Completes Merger with Rice Acquisition Corp II to Accelerate Clean Natural Gas Power Generation streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Gross proceeds raised of at least $670 million, including a minimum of approximately $130 million of cash-in-trust
Business combination expected to close on June 8, 2023, with NET Power expected. | June 5, 2023
In addition to the joint venture, SK Group also committed $50 million in PIPE financing for NET Power and RONI's proposed $1.5 billion business combination.
The Pennsylvania Department of Environmental Protection (DEP) said this week that it has fined three Rice Energy Inc. subsidiaries for violating 17 state environmental regulations that date back to 2012.