Letter of Intent inked with Green Electricity Company

We are delighted to share the news that after rigorous negotiations, a Letter of Intent has been successfully signed with the Green Electricity Company, marking the near-completion of the deal. The planning of the Due Diligence is now underway.

We are thrilled to announce that the electricity company has expressed its intention to go public after the summer in August, with a goal of achieving an annual revenue of £100 million. Our teams have carefully examined the synergies between our ventures, and we are confident that this partnership will bring value, revenue, and a positive cash flow to Nexergy, as well as ensuring our shared vision of being a leading provider of electricity in Europe and Britain.

Additionally, we are pleased to report that our lawyers had a productive meeting with the swedish tech company that produces Circular crude from plastic waste. To ensure that the Due Diligence process is unbiased and of the highest quality, we have decided to replace directors Anders Olsson and Lars Ågren with Steven Goodwin, an expert in the financial sector with extensive experience in banking and insurance. We are confident that Mr. Goodwin will bring a secure and valuable perspective to our team.

Lastly, we would like to express our gratitude for the ongoing interest and support we have received from various companies and ventures that have approached us in recent weeks. Rest assured that we are working diligently around the clock to consider all potential opportunities that may align with our vision for Nexergy.