NetworkNewsBreaks – Clean Power Capital Corp. (C
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Posted On: 05/07/2021 4:16:16 PM
NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Becomes 100% Owner of Hydrogen Fueling Company
Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that it has completed the acquisition of the remaining shares of PowerTap Hydrogen Fueling Corp, thus Clean Power is now the sole, 100% owner of PowerTap. PowerTap has a patented hydrogen production technology, which the company is utilizing to build a blue hydrogen filling station network throughout the country. The company already has fueling stations in California, Texas, Massachusetts and Maryland. In October 2020, Clean Power acquired a 90% interest of PowerTap; the company acquired an additional 4.5% ownership of PowerTap in February 2021. With the support available since Clean Power’s initial investment, PowerTap has been focused on developing its hydrogen fueling station network in stages, beginning with engineering and design, then moving to ongoing development, and then permitting and site preparation. “Clean Power Capital is pleased to complete the acquisition of all the shares of PowerTap Hydrogen Fueling Corp.,” said Clean Power Capital Corp. CEO Raghu Kilambi in the press release. “Clean Power Capital continues to be excited by the commercialization opportunities that PowerTap’s patented onsite blue hydrogen production and dispensing system has in the United States and globally.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that it has completed the acquisition of the remaining shares of PowerTap Hydrogen Fueling Corp, thus Clean Power is now the sole, 100% owner of PowerTap. PowerTap has a patented hydrogen production technology, which the company is utilizing to build a blue hydrogen filling station network throughout the country. The company already has fueling stations in California, Texas, Massachusetts and Maryland. In October 2020, Clean Power acquired a 90% interest of PowerTap; the company acquired an additional 4.5% ownership of PowerTap in February 2021. With the support available since Clean Power’s initial investment, PowerTap has been focused on developing its hydrogen fueling station network in stages, beginning with engineering and design, then moving to ongoing development, and then permitting and site preparation. “Clean Power Capital is pleased to complete the acquisition of all the shares of PowerTap Hydrogen Fueling Corp.,” said Clean Power Capital Corp. CEO Raghu Kilambi in the press release. “Clean Power Capital continues to be excited by the commercialization opportunities that PowerTap’s patented onsite blue hydrogen production and dispensing system has in the United States and globally.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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