NET Power Says Payments For Long-lead Materials Under Original Letter Of Limited Notice To Proceed Commenced In December 2023; Remainder Of Payments Under LNTP Are Expected To Continue To Be Made Through April 2026
Portfolio Pulse from Benzinga Newsdesk
NET Power has started payments for long-lead materials under its original Letter of Limited Notice to Proceed (LNTP) as of December 2023. These payments are expected to continue through April 2026.
October 04, 2024 | 8:41 pm
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NET Power has initiated payments for long-lead materials under its LNTP, indicating progress in its projects. This could positively impact investor sentiment and stock price.
The commencement of payments for long-lead materials suggests that NET Power is advancing its projects, which is a positive signal for investors. This progress could lead to increased investor confidence and a potential rise in stock price.
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