NU E Power Corp. (TSE:NUE) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Nu E Power Corp. has signed a Letter of Intent to acquire a 49% stake in Diloo Energy Corp., a Canadian developer of green hydrogen energy, as part of a strategic expansion into diverse green energy production. This move includes leadership changes, with Mr. Brock Stewart stepping down as CEO and the prospective appointment of Diloo’s CEO, Mr. Devon Sandford, upon completion of the acquisition.
For further insights into TSE:NUE stock, check out TipRanks’ Stock Analysis page.
