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Stock impact report

BKV Corporation Successfully Closes Acquisition of Control Position in BKV-BPP Power Joint Venture

BKV Corporation (BKV) 
Company Research Source: Business Wire
Strategic acquisition increases BKV Corp. Power Joint Venture ownership stake to 75% and positions Power Joint Venture for power sector expansion DENVER--(BUSINESS WIRE)--BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced the successful completion of its acquisition of one-half of Banpu Power US Corporation’s (“BPPUS”) interest in BKV-BPP Power, LLC (“BKV-BPP Power” or the “Power JV”) for approximately $115.1 million in cash and 5,315,390 shares of newly issued BKV common stock, increasing BKV’s ownership stake of the Power JV to 75% from 50%. The increased ownership stake by BKV in the Power JV reflects a streamlined structure and enhanced strategic focus of BKV’s power operations.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260130424634/en/The transaction, originally announced on October 29, 2025, marks a significant milestone in advancing BKV’s closed loop energy strategy by providing the Company w Show less Read more
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