BRIEF-Net Power And Rice Acquisition Corp. II Secure $50 Million Pipe Commitment From SK Group

Reuters
19 May 2023

May 19 (Reuters) - Rice Acquisition Corp II :

* NET POWER AND RICE ACQUISITION CORP. II SECURE $50 MILLION PIPE COMMITMENT FROM SK GROUP AND ANNOUNCE INTENT TO FORM JOINT VENTURE TO ACCELERATE DEPLOYMENT OF NET POWER PLANTS IN ASIA

* RICE ACQUISITION CORP II - NET POWER AND SK EXPECT TO EACH OWN A 50% STAKE IN COMMON EQUITY OF NET POWER-SK JOINT VENTURE

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((Reuters.Brief@thomsonreuters.com;))

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