Hydro Wind Energy Secures €50 Million Capital Commitment From GEM Group To Disrupt Energy And Desalination Markets

Published by
The Street

By PR Newswire SAN FRANCISCO, and LONDON, and DUBAI, United Arab Emirates, Dec. 29, 2021 /PRNewswire/ — Hydro Wind Energy has announced today that it has signed an agreement with GEM Global Yield LLC SCS (“GEM”), a private investment group, for a EUR 50 million capital commitment. The agreement will help Hydro Wind Energy to disrupt the global Energy and Desalination Markets. Under the agreement, GEM commits to provide Hydro Wind Energy with a share subscription facility of EUR 50 million for a 36-month term following the public listing of the company shares on a European or American Stock Ex…

Read More

Credit: Source link

Comments are closed.