Net Power Ends Quarter with Approximately $379M in Cash and Investments
Ended the quarter with approximately $379M in cash, cash equivalents, and investments. "We continue to see high demand for clean baseload power into next decade, and we are excited to be making tangible progress towards the first operational natural gas power plus CCS project in the United States alongside strategic partners in Entropy and Oxy," said Danny Rice, Chief Executive Officer of Net Power. "For now, the team continues to focus on obtaining a final investment decision by the second half of 2026, preserving our targeted commercial operations date in early 2029 for our first deployment. We look forward to updating you on our progress in the quarters to come."
