Every 8-K that NET POWER INC (NPWR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NPWR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NPWR filings page.
Net Power Inc. (NPWR) completed the acquisition, through its subsidiary Net Power, LLC, of EMPower USA’s contractual position as Owner under a major EPC Agreement for an approximately 123 MW reciprocating-engine natural gas power facility and related rights under an equipment supply agreement with Wärtsilä.
Total EPC contract price is $196.7 million, with the Purchaser assuming about $177.8 million of remaining payment commitments. On August 31, 2026, it paid $58.9 million to EMPower and $58.6 million to Saulsbury, funded from cash on hand, leaving roughly $119.1 million of EPC payments outstanding, including a $10.2 million Mobilization Payment due on or before October 15, 2026. The acquired rights are intended for deployment at Project Permian, but work under the EPC Agreement remains suspended, no final investment decision or offtake agreement has been made, and no project-level or equipment financing is yet committed.
Net Power Inc. recalibrates its commercial strategy toward fast-to-deploy, unabated natural gas power generation focused on speed-to-power, reliability, and scale, with carbon capture designed to be added in later phases as economics and customer demand support it. The company continues commercial discussions with prospective power offtakers for Project Permian and other sites and has contracted two modular gas turbine generator sets with nominal gross power of approximately 68 megawatts for Project Permian while evaluating additional units.
As of June 30, 2026, Net Power held $310 million in cash, cash equivalents, and investments and believes existing liquidity will be sufficient to fund obligations for the 12 months following its second-quarter 2026 Form 10-Q filing, assuming it does not enter into additional pre-FID equipment commitments under evaluation. As of the date of the release, no project-level financing, customer deposits, or partner capital for Project Permian had been committed.
NET Power Inc. reported the final voting results from its annual meeting of stockholders held on June 3, 2026. Stockholders elected three Class III directors—Joseph Kelliher, Brad Pollack, and Daniel J. Rice IV—to serve until the 2029 annual meeting and until their successors are elected and qualified.
Support for the nominees was strong, with each receiving over 169 million votes in favor. Stockholders also ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with over 190 million votes cast in favor.
Net Power Inc. reported first quarter 2026 results and provided a business update focused on its clean natural gas power strategy. The company highlighted ongoing development of Project Permian Phase I in West Texas, which plans to use Siemens A35 gas turbines with Entropy’s post-combustion carbon capture technology to target 80MW of electrical output. A final investment decision for this initial deployment is expected in the second half of 2026, with commercial operations targeted by early 2029.
Net Power is working to secure a long-term power purchase agreement for Project Permian and has engaged a strategic advisor to facilitate power offtake discussions, which it views as a key step toward project financing. The company is also progressing toward a joint development agreement with Entropy to deploy natural gas-fired generation with post-combustion carbon capture across the United States. Entropy’s technology has demonstrated an approximately 90 percent carbon dioxide capture rate. Net Power ended the quarter with about $319 million in cash, cash equivalents and investments, supporting its capital-intensive development plans.
Net Power Inc. appointed Ned Leland (Lee) Shuman as its new Chief Financial Officer, effective April 13, 2026, succeeding interim CFO Daniel J. Rice IV, who remains Chief Executive Officer and serves as principal financial officer until the company files its Form 10-Q for the quarter ended March 31, 2026.
Shuman, age 56, is a power-sector finance and strategy executive with more than 25 years of experience, including roles at Javelin Global Commodities and WattBridge Energy. His compensation includes a $420,000 annual base salary, target bonuses under short- and long-term incentive plans, an $800,000 RSU grant vesting after three years, and a $100,000 cash bonus, along with participation in the company’s executive severance and indemnification arrangements.
Net Power Inc. reported its fourth quarter and full-year 2025 results and shared a business update. The company highlighted continued strong demand for clean baseload power and ongoing work toward its first U.S. natural gas power plus CCS project with partners Entropy and Oxy.
Net Power is progressing diligence on a strategic partnership with Entropy Inc., targeting final approvals of definitive documents in Q2 2026. The first clean firm power project at the Permian site in west Texas now targets 80MW of electrical output, with a final investment decision expected in the second half of 2026 and targeted commercial operations in early 2029.
The company ended the quarter with approximately $379 million in cash, cash equivalents, and investments, supporting its capital-intensive development plans. Net Power will host a conference call to discuss fourth quarter and year-end 2025 results at 8:30 AM ET on March 10, with a live webcast and archived replay available via its investor relations website.
NET POWER Inc. reported that on December 29, 2025 it notified the Midcontinent Independent System Operator (MISO) that it intends to withdraw its request to interconnect a proposed project, after MISO provided updated estimates showing significantly higher expected network upgrade costs. The company still holds its site lease in the northern MISO region and is exploring other ways to develop clean, firm power generation facilities at that location.
NET POWER stated that it has not capitalized any significant costs related to the MISO interconnection request and does not expect this withdrawal to have a material adverse impact on its financial condition or results of operations.
NET POWER Inc. (NPWR) furnished an update on its business by announcing it issued a press release with financial results for the quarter ended September 30, 2025. The release was provided as Exhibit 99.1 and is incorporated by reference.
The company stated the information under Item 2.02 and Exhibit 99.1 is being furnished, not filed, and therefore is not subject to liabilities under Section 18 of the Exchange Act, nor incorporated into other SEC filings except by specific reference. The report is signed by Chief Executive Officer Daniel J. Rice IV.
Net Power Inc. furnished a Current Report on Form 8-K stating that on August 11, 2025 it issued a press release reporting its financial results for the quarter ended June 30, 2025. The press release is provided as Exhibit 99.1 and the filing also references the cover page interactive XBRL file (Exhibit 104). The company clarifies the information in Item 2.02 and Exhibit 99.1 is being furnished rather than "filed" for purposes of Section 18 of the Exchange Act, limiting incorporation-by-reference and certain liabilities. The document shows Net Power is a Delaware corporation and indicates it is an emerging growth company.