Announced

Completed

Technologies New Energy completed the acquisition of Diverfuel.

Synopsis

Technologies New Energy, the energy transition company focused on developing clean energy projects to drive industrial decarbonisation for clients with international operations, completed the acquisition of Diverfuel, the developer of the Diverfuel Platform. Financial terms were not disclosed. "The acquisition of Diverfuel is an important technical step forward for TNE. By combining this advanced digital platform with our biorefinery pipeline, we can turn our projects into smart, data-driven assets. This not only improves efficiency but also provides the verifiable ESG and carbon data that offtakers are increasingly demanding. -This strengthens our ability to secure long-term feedstock and offtake agreements, while positioning TNE at the forefront of the energy transition," Julio Perez, Technologies New Energy CEO.

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MergerLinks - Technologies New Energy completed the acquisition of Diverfuel.