Vow Green Metals AS (DE:9G5) has released an update.
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Vow Green Metals AS has announced an investment of NOK 70 million, comprising NOK 20 million in equity from Skagerak Energipartner AS and NOK 50 million through debt conversion with Vardar AS. This capital increase is part of the company’s strategy to become a leader in producing carbon-neutral products and biocarbon for hard-to-abate industries, utilizing cutting-edge pyrolysis technology to convert biomass into renewable materials.
For further insights into DE:9G5 stock, check out TipRanks’ Stock Analysis page.