Home US Energy Storage Firm Stem Nears $1.35 Billion Deal to go Public
 

Keywords :   


US Energy Storage Firm Stem Nears $1.35 Billion Deal to go Public

2020-12-04 15:30:00| OGI

U.S. artificial intelligence-driven energy storage company Stem Inc. is nearing a deal to go public through a merger with blank-check acquisition company Star Peak Energy Transition Corp. at a valuation of around $1.35 billion, according to people familiar with the matter on Dec. 3.

Tags: public energy deal firm

Category:Industrial Goods and Services

Latest from this category

All news

»
17.12Warner Bros to reject $108bn Paramount bid, reports say
17.12Learner drivers face 24-week wait as backlog continues for two more years
17.12New 150m funding package to protect jobs at Grangemouth
17.12Weight-loss jab ad banned for targeting new mums
16.12Downing Street insists negotiations over US-UK tech deal still live
16.12Former chancellor George Osborne joins OpenAI
16.12Thousands of drivers wrongly fined for speeding since 2021
16.12Employment Rights Bill clears last parliamentary hurdle
More »