BROSSARD, QC, Oct. 11, 2022 /CNW Telbec/ - CHARBONE HYDROGEN CORPORATION (TSXV:CH.VN) ("Charbone") is pleased to announce that it has concluded the final negotiations and executed a Purchase and Sale Agreement (the "PSA"), dated as of October 7, 2022, between its wholly-owned subsidiary, Charbone Corporation USA ("Charbone USA") and NORTHWOODS HYDROPOWER INC. ("Northwoods"), for the acquisition of all of the general partner and limited partner interests of Wolf River Hydro Limited Partnership ("Wolf River"), the owner of the 700 kW operating hydropower plant in Shawano, Wisconsin. The purchase price for the acquisition is $700,000 USD, subject to adjustments.
Read more at newswire.caCHARBONE HYDROGEN Announces Purchase & Sale Agreement with NORTHWOODS HYDROPOWER Inc. for the Acquisition of a Hydropower Plant in Shawano, Wisconsin and a $1.2M Debenture Financing with a group lead by FINEXCORP
Newswire.ca - Press Release
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