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Cango Inc. Announces New Equity Investment from EWCL
Prnewswire· 2025-12-29 11:00
DALLAS, Texas, Dec. 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that Enduring Wealth Capital Limited ("EWCL"), the sole shareholder of the Company's Class B ordinary shares with approximately 36.68% of the total voting power of the Company's outstanding shares, decided to increase its investment in the Company by subscribing for additional Class B ...
NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida
Globenewswire· 2025-10-01 13:15
Core Insights - NextNRG has launched a new mobile fueling hub in Fort Myers, Florida, enhancing its position as a leading mobile fueling provider on the Florida Gulf Coast [1][4] - The expansion aims to serve both large commercial clients and local businesses, addressing the growing demand for efficient fueling solutions in a region with significant e-commerce activity [2][4] - This move is part of NextNRG's broader growth strategy, which focuses on establishing a strong presence in key markets while expanding its national footprint [3][4] Company Strategy - The Fort Myers hub reflects NextNRG's strategy of anchoring large commercial clients while simultaneously building a local customer base around each hub [3] - The company is committed to providing a complete suite of energy solutions, which includes mobile fueling services and integrated energy management systems [3][4] - NextNRG's growth trajectory has accelerated in 2025, with revenues exceeding previous year's figures and strong projections for record performance by fiscal year-end [3] Technological Integration - NextNRG integrates artificial intelligence (AI) and machine learning (ML) into its operations, optimizing utility infrastructure and energy management [5][6] - The company operates one of the largest on-demand fueling fleets in the nation and is advancing wireless charging technologies to support fleet electrification [6]
Fusion Fuel Receives First Payment in Sale of Shares of P2X Spain
Globenewswire· 2025-07-23 12:00
Core Insights - Fusion Fuel Green PLC has received the first payment related to the sale of its 50% equity interest in P2X Spain to EREE Desarrollos Empresariales, S.L. [1][2] - The payment of €370,100 is part of a total payment structure of €515,100 as per the definitive agreement dated February 7, 2025 [2]. Company Overview - Fusion Fuel Green PLC provides integrated energy solutions, focusing on green hydrogen through its AlShola Gas and BrightHy Solutions platforms [3]. - The company supports decarbonization across various sectors, including industrial, residential, and commercial [3]. Transaction Details - The sale involved the transfer of 1,500 shares, representing 50% of P2X Spain, completed on December 19, 2024 [2]. - The transaction was conditioned on certain subsequent required conditions, which included specific payments [2]. Future Outlook - The Interim Chief Financial Officer expressed optimism about future collaboration opportunities with EREE and P2X Spain in the green hydrogen sector [3].