Announced
Financials
Tags
Alternative Fuels
Pending
Reverse Takeover
Merger
Private
renewable energy
United States
Friendly
Acquisition
Domestic
environmental technology
nutrient recovery
anaerobic digestion
De-SPAC
Majority
Single Bidder
Synopsis
CleanBay Renewables, a late-stage enviro-tech company focused on the production of sustainable renewable natural gas, green hydrogen and natural controlled-release fertilizer, is set to go public via merger with BurTech Acquisition, a publicly traded special purpose acquisition company, in a $330m deal. "We believe that our process improves the air, soil and water quality around our facilities. In addition, our renewable energy products are a sustainable, environmentally friendly way to reduce emissions and provide a low carbon solution for vehicle fuel, residential use, EV charging and hydrogen production. We believe our projects can help to address US climate policy objectives and many of the United Nation’s Sustainable Development Goals," Thomas Spangler, CleanBay Executive Chairman.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.