Brief: Montauk Renewables Signs Letter Of Intent With European Energy To Provide Co2 For E-Methanol Production

Montauk Renewables

07/08/2023 16:23

Aug 7 (Reuters) - Montauk Renewables Inc  MNTK.O :
    * MONTAUK RENEWABLES, INC. SIGNS LETTER OF INTENT WITH
EUROPEAN
ENERGY TO PROVIDE CO2 FOR E-METHANOL PRODUCTION
    * MONTAUK RENEWABLES - SIGNED LETTER OF INTENT WITH EE NORTH
AMERICA, LLC, A NORTH AMERICAN SUBSIDIARY OF DENMARK-BASED
EUROPEAN ENERGY
    * MONTAUK RENEWABLES - INITIAL DELIVERY PERIOD IS EXPECTED
TO
BEGIN IN 2026 AND IS EXPECTED TO LAST FOR 15 YEARS UPON FINAL
AGREEMENT
    * MONTAUK RENEWABLES INC - LOI IMMEDIATELY COMMITS MONTAUK'S
CO2
FROM ITS TEXAS FACILITIES TO EE NORTH AMERICA'S TEXAS PROJECT

Source text for Eikon:  ID:nGNX9F1VZQ 
Further company coverage:  MNTK.O