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IN BRIEF: Riverstone To Buy Decarbonization Plus Acquisition Stock

10th Feb 2021 14:33

Riverstone Energy Ltd - Guernsey-based energy industry-focused investor - Signs agreement to purchase USD10 million of Decarbonization Plus Acquisition Corp's common stock in a private placement transaction at a price of USD10 per share. Notes undisclosed existing and new investors, including blue chip institutional investors are investing in the transaction. Says the transaction is running concurrently with Decarbonization Plus Acquisition's merger with Hyzon Motors Inc, a US supplier of zero-emissions hydrogen fuel cell-powered commercial vehicles.

Current stock price: 298.00 pence

Year-to-date change: up 0.3%

By Zoe Wickens; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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