CETY Signs Non-Binding Offer with a European Solar and Wind Development Company
Clean Energy Technologies (NASDAQ: CETY) has signed a Non-Binding Offer (NBO) with an undisclosed European Solar and Wind development company. The total deal size is estimated at $85 million, with CETY already securing an initial $4.4 million in equity investment. The investment will be deployed based on scheduled milestones.
This strategic move aims to expand CETY's operations into the European renewable energy market, focusing on solar and wind power generation. The company cites Europe's stable government policies supporting renewable energy growth as a key factor in this expansion decision.
Clean Energy Technologies (NASDAQ: CETY) ha firmato un'offerta non vincolante (NBO) con una società europea di sviluppo nel settore solare ed eolico, il cui nome resta riservato. L'entità totale dell'accordo è stimata in 85 milioni di dollari, con CETY che ha già garantito un investimento azionario iniziale di 4,4 milioni di dollari. L'investimento sarà erogato in base al raggiungimento di specifiche tappe programmate.
Questa mossa strategica mira a espandere le operazioni di CETY nel mercato europeo delle energie rinnovabili, concentrandosi sulla produzione di energia solare ed eolica. L'azienda indica come fattore chiave per questa decisione di espansione le politiche governative europee stabili a sostegno della crescita delle energie rinnovabili.
Clean Energy Technologies (NASDAQ: CETY) ha firmado una Oferta No Vinculante (NBO) con una compañía europea de desarrollo en energía solar y eólica, cuyo nombre no ha sido revelado. El tamaño total del acuerdo se estima en 85 millones de dólares, con CETY asegurando ya una inversión inicial en acciones de 4,4 millones de dólares. La inversión se implementará según los hitos programados.
Esta estrategia busca expandir las operaciones de CETY en el mercado europeo de energías renovables, enfocándose en la generación de energía solar y eólica. La empresa señala como factor clave para esta decisión de expansión las políticas gubernamentales estables en Europa que apoyan el crecimiento de las energías renovables.
Clean Energy Technologies (NASDAQ: CETY)는 이름이 공개되지 않은 유럽의 태양광 및 풍력 개발 회사와 비구속적 제안서(NBO)를 체결했습니다. 총 거래 규모는 8,500만 달러로 추산되며, CETY는 이미 초기 440만 달러의 주식 투자를 확보했습니다. 투자는 예정된 마일스톤에 따라 집행될 예정입니다.
이번 전략적 조치는 CETY가 태양광 및 풍력 발전에 중점을 두고 유럽 재생 에너지 시장으로 사업을 확장하는 것을 목표로 합니다. 회사는 재생 에너지 성장을 지원하는 유럽의 안정적인 정부 정책을 이번 확장 결정의 주요 요인으로 꼽고 있습니다.
Clean Energy Technologies (NASDAQ : CETY) a signé une Offre Non Contraignante (NBO) avec une société européenne de développement dans le secteur solaire et éolien, dont le nom n’a pas été divulgué. La taille totale de l'accord est estimée à 85 millions de dollars, CETY ayant déjà sécurisé un investissement initial en actions de 4,4 millions de dollars. L’investissement sera déployé en fonction des étapes programmées.
Cette démarche stratégique vise à étendre les activités de CETY sur le marché européen des énergies renouvelables, en se concentrant sur la production d'énergie solaire et éolienne. L’entreprise cite les politiques gouvernementales stables en Europe, soutenant la croissance des énergies renouvelables, comme un facteur clé de cette décision d'expansion.
Clean Energy Technologies (NASDAQ: CETY) hat ein unverbindliches Angebot (NBO) mit einem nicht genannten europäischen Solar- und Windenergie-Entwicklungsunternehmen unterzeichnet. Die Gesamthöhe des Geschäfts wird auf 85 Millionen US-Dollar geschätzt, wobei CETY bereits eine anfängliche Eigenkapitalinvestition von 4,4 Millionen US-Dollar gesichert hat. Die Investition wird anhand geplanter Meilensteine freigegeben.
Dieser strategische Schritt zielt darauf ab, CETYS Aktivitäten auf den europäischen Markt für erneuerbare Energien auszuweiten, mit Schwerpunkt auf Solar- und Windkraft. Das Unternehmen nennt die stabilen Regierungsrichtlinien Europas zur Förderung des Wachstums erneuerbarer Energien als entscheidenden Faktor für diese Expansionsentscheidung.
- Secured initial $4.4 million in equity investment
- Total deal size estimated at $85 million shows significant scale
- Strategic expansion into European renewable energy market
- Entry into stable regulatory environment supporting renewable energy
- Non-binding nature of the offer indicates deal uncertainty
- Identity of European partner remains undisclosed
- Full funding for $85 million deal not yet secured
IRVINE, CA., May 23, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company” or “CETY”), a turnkey energy solutions provider leveraging advanced technologies to deliver cost-effective, eco-friendly green energy solutions, clean energy fuels, and alternative electricity for a sustainable future is pleased to announce signing a Non-Binding Offer (the “NBO”) with a European Solar and Wind development company (whose identity is currently undisclosed due to confidentiality reasons).
In connection with the proposed transaction contemplated by the NBO, CETY has secured an initial
This transaction is expected to expand CETY’s operations to Europe and allow CETY to gain a foothold in the scalable and lucrative market of solar and wind power generation. CETY also believes that Europe has strong and stable government policies that support long-term growth of renewable energy.
About Clean Energy Technologies, Inc. (CETY)
Headquartered in Irvine, California, Clean Energy Technologies, Inc. (CETY) is a rising leader in the zero-emission revolution by offering eco-friendly green energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We deliver power from heat and biomass with zero emission and low cost. The Company's principal products are Waste Heat Recovery Solutions using our patented Clean CycleTM generator to create electricity. CETY Waste to Energy Solutions convert waste products created in manufacturing, agriculture, wastewater treatment plants and other industries to electricity and BioChar. CETY Engineering, Consulting and Project Management Solutions provide expertise and experience in developing clean energy projects for municipal and industrial customers and Engineering, Procurement and Construction (EPC) companies.
CETY's common stock is currently traded on the Nasdaq Capital Market under the symbol “CETY.” For more information, visit www.cetyinc.com.
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This summary should be read in conjunction with the Company’s quarterly report on Form 10-Q for the quarterly period ended September 30, 2024 and other periodic filings made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, which contain, among other matters, risk factors and financial footnotes as well as a discussions of our business, operations and financial matters located on the website of the Securities and Exchange Commission at www.sec.gov.
Safe Harbor Statement
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of CETY’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by words such as: "anticipate," "plan," "expect," "estimate," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Any forward-looking statement made by the Company in this press release is based only on information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Clean Energy Technologies, Inc.
Investor and Investment Media inquiries:
949-273-4990
ir@cetyinc.com
Source: Clean Energy Technologies, Inc.
FAQ
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