Announced
Financials
Sources
Tags
Renewable Energy Equipment
Acquisition
Majority
United States
Friendly
Private
Cross Border
Pending
Single Bidder
sustainable energy
Synopsis
newcleo, the clean and safe nuclear technology company, agreed to acquire Hydromine Nuclear Energy, a sustainable energy company. Financial terms were not disclosed. "In 1994, I started to work with Carlo Rubbia at CERN on approaches to producing safe, renewable and clean energy. I realised then that it would be possible to disrupt the energy sector with a scalable industrial application of our scientific findings. Having created Advanced Accelerator Applications as a ground-breaking company in theragnostic nuclear medicine, I have founded newcleo with the same vision: to bring existing nuclear innovative technologies to market for the benefit of the whole world," Stefano Buono, newcleo CEO.
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