Genie Energy Nears Completion of Strategic Transition to Retail Energy Business Model
Genie Energy Ltd. Class B Stock (GNE)
Last genie energy ltd. class b stock earnings: 11/8 07:30 am
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Source: PR Newswire
NEWARK, N.J., Sept. 6, 2018 /PRNewswire/ -- Genie Energy Ltd., (NYSE: GNE, GNEPRA) a leading independent retail energy provider, today announced that it has substantially completed its strategic transition to a retail energy provider model with an investment in a domestic solar energy company and sale of a stake in its Israel-based drilling services subsidiary. In a move to expand its renewable energy portfolio, Genie has completed an initial investment in Prism Solar Technologies of Highland, NY. Prism is a full-service solar technology and solutions company. It designs and manufactures solar systems in the United States featuring its innovative bifacial solar modules. The Prism modules harvest energy from both sides of the panel to significantly boost efficiency. As a result, the Prism solution's average cost per kilowatt for commercial and industrial solutions is extremely competitive.Genie Energy has made an initial investment in Prism, and, subject to certa
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GNE
Sec Filings
- 4/9/24 - Form 4
- 4/1/24 - Form DEF
- 3/13/24 - Form 8-K
- GNE's page on the SEC website