Brief: BKV Announces Acquisition of Control Position in BKV-BPP Power Joint Venture to Accelerate Growth Strategy

BKV

29/10/2025 14:24

Oct 29 (Reuters) - BKV Corp BKV.N:

BKV ANNOUNCES ACQUISITION OF CONTROL POSITION IN BKV-BPP POWER JOINT VENTURE TO ACCELERATE GROWTH STRATEGY

BKV CORP - TO BUY 75% INTEREST IN BKV-BPP POWER

BKV CORP - TO PAY $376 MILLION LESS 25% OF NET INDEBTEDNESS

BKV CORP - CONSIDERATION PAID 50% IN CASH AND 50% IN BKV STOCK

Source text: ID:nBw1CPgBta

Further company coverage: BKV.N

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