Announced
Completed
Financials
Tags
Acquisition
Domestic
Completed
Friendly
United States
uranium developer
Minority
Single Bidder
Chemicals: Diversified
Private
Synopsis
Boss Energy, a uranium company, completed the acquisition of 30% stake in enCore Energy, a uranium developer, for $70m. "The completion of the joint venture with Boss Energy comes at a transformational time for enCore and we look forward to their partnership at the Alta Mesa plant. With zero debt, production underway at the Rosita plant and a healthy treasury, we are in a strong position to advance the production pipeline across our portfolio at a more aggressive pace in 2024. We look forward to a year full of opportunity and growth as the only company in the United States with two operating uranium plants, supplying the essential material to fuel domestic nuclear energy," William M. Sheriff, enCore Executive Chairman.
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