NET Power completes merger with Rice Acquisition Corp. II

NET Power completed its business combination with Rice Acquisition Corp. II, giving it an enterprise value of approximately $1.5 billion. The combined company will trade on the NYSE as NPWR, with proceeds of over $675 million to fund commercialization by 2026.

“NET Power's proven technology generates near zero-emissions utility-scale power, delivering the world's first scalable solution that achieves the energy trifecta: clean, affordable, reliable energy.”ir.netpower.com

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• ir.netpower.comNET Power Completes Merger with Rice Acquisition Corp. II to Accelerate Clean Natural Gas Power Generation :: Net Power Inc. (NPWR)Jun 8, 2023

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