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NEOA New Energy One Acquisition Corporation Plc

1,070.00
0.00 (0.00%)
29 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
New Energy One Acquisition Corporation Plc LSE:NEOA London Ordinary Share GB00BNZHM998 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,070.00 1,020.00 1,120.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

New Energy One Acquisition Confirms Carbon-Project Merger Talks

23/06/2023 5:09pm

Dow Jones News


New Energy One Acquisition (LSE:NEOA)
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By Michael Susin

 

New Energy One Acquisition Corp. confirmed on Friday that is in talks with Italian energy group Eni regarding a potential combination with a portfolio of carbon-capture and storage projects.

In a statement responding to press speculation, the London-listed group said that discussions are at a very preliminary stage, and that neither the transaction nor a valuation has been agreed.

Sky News reported on Thursday that New Energy One Acquisition was in advanced talks to merge with U.K. carbon-capture and storage projects Bacton and HyNet in a deal that could be valued at around 1 billion pounds ($1.27 billion) and would create one of the most significant energy transition-focused groups to date listed in London.

Eni International B.V., a wholly-owned subsidiary of Eni, is a sponsor of New Energy One Acquisition.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

June 23, 2023 11:54 ET (15:54 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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