Compass Digital and EEW Renewables Announce Merger Deal

An update from Compass Digital Acquisition Corp. Class A ( (CDAQ) ) is now available.

EEW Renewables Ltd, a leader in global renewable energy development, and Compass Digital Acquisition Corp. have announced a definitive agreement for a business combination that values EEW at a pre-money enterprise value of $300 million. This strategic move promises to enhance EEW’s growth trajectory by transitioning into a publicly listed company on Nasdaq, expanding its reach in the renewable energy market, and leveraging its significant 9 GW project pipeline. EEW’s management team will remain at the helm post-transaction, ensuring continuity and dedication to their vision of providing clean, renewable energy and creating value for shareholders.

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