Codex Acquisitions to acquire Technologies New Energy.

Codex Acquisitions, a special purpose acquisition company, agreed to acquire Technologies New Energy, a provider and project developer of integrated state-of-the-art energy efficiency, energy transition and decarbonisation solutions. Financial terms were not disclosed. "This is a very solid opportunity to bring an asset backed, energy transition business with a scalable and deliverable growth plan to the public markets. The TNE business aligns perfectly with Codex's ambition to help companies shift from fossil fuels to renewable energy sources in an effort to reduce CO2 emissions. We look forward to closing the transactional elements and then supporting TNE with its plans to develop their advanced portfolio of renewable energy projects," Julio Perez, Codex Acquisitions Non-Executive Director.