Green Rain Energy Holdings Inc. (OTC:GREH) Enters Definitive Energy Purchase and Sales Agreement with Allied Energy Corporation to Accelerate EV Charging Corridor Rollout [Yahoo! Finance]
ALLIED ENERGY CORP (AGYP)
Company Research
Source: Yahoo! Finance
project development company, today announced that it has signed a Definitive Energy Purchase and Sales Agreement (EPSA) with Allied Energy Corporation, securing natural gas supply for the Company's EV charging and renewable energy projects across strategic corridors in New Mexico and Texas. The Agreement ensures stable and cost-effective energy resources for Green Rain's planned rollout of EV charging systems along New Mexico Highways 10, 25, 40 and Texas Highways 10, 40, 27, 20, 35, 37, 69E. Green Rain will deploy 1.28MW charging systems (tower and four dispensers) at high-traffic corridor sites and 240KW units at smaller or remote locations, positioning the Company as a first mover in corridor-based EV infrastructure. Allied Energy will receive initial development payments of $10,000 on or before October 31, 2025, and $10,000 on or before November 18, 2025 to support project commencement. "This Definitive Agreement is a major step forward in our nationwide ESCO and EV chargi
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