Innovative Hydrogen-Based Fuel Supplier Ecombustible Energy LLC to Merge With Benessere Capital Acquisition Corp.
Benessere Capital Acquisition Corp. - Class A (BENE)
Company Research
Source: Accesswire
Deal is designed to accelerate eCombustible Energy's go-to-market strategyeCombustible Energy has developed a customizable hydrogen-based fuel production technology that provides on-site fuel delivery under long-term fuel supply agreementseCombustible Energy's fuel technology is applicable to a large variety of stationary thermal applications, requires little to no modification to customers' existing thermal power equipment (e.g., boiler or kiln), and the eCombustible fuel contains no carboneCombustible Energy fuel production modules are built, installed, owned, operated, and maintained onsite by eCombustible EnergyGlobal organizations in the mining, steel, tile, beverage, hospitality and tire sectors have shown strong interest in the eCombustible fuel solution, with several under contract and a number under MOU to integrate eCombustible fuel into their operationsSecurityholders of eCombustible Energy to receive shares of common stock with a value of $805 million, subject to adjustmen
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