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LanzaTech Global ( (LNZA) ) has provided an update.
LanzaTech Global, Inc. and Brookfield Asset Management Inc. have entered into a Loan Agreement to further develop and construct facilities using LanzaTech’s carbon capture technology. The agreement, effective February 14, 2025, replaces a previous equity agreement and outlines a $60 million loan from Brookfield to LanzaTech, with specific repayment terms and restrictions on LanzaTech’s activities. This collaboration underscores the strong partnership between the two companies and aims to advance LanzaTech’s technological capabilities in the carbon capture industry.
More about LanzaTech Global
YTD Price Performance: -41.81%
Average Trading Volume: 1,505,400
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $199.8M
Find detailed analytics on LNZA stock on TipRanks’ Stock Analysis page.
