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New technology to reduce carbon dioxide emissions by up to 40 percent. A pilot plant for the production of hydrogen from biogas is to be built in Bavaria.
MONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSXV: XBC) (“ Xebec” or the “ Corporation”), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V. (“ HyGear”) for aggregate consideration of €82.0 million (approximately $127.3 million) and the assumption of €18.4 million (approximately $28.6 million) in net debt (the “ Acquisition”). The purchase price for the Acquisition was satisfied by way of a...
MONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSXV:XBC) (" Xebec" or the " Corporation"), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V. (" HyGear") for aggregate consideration of €82.0 million (approximately $127.3 million) and the assumption of €18.4 million (approximately $28.6 million) in net debt (the " Acquisition"). The purchase price for the Acquisition was satisfied by way of a cash payment in ...