Nabors Industries Completes $35M Strategic Equity Investment In Geothermal Energy Developer Quaise Energy
The transaction positions Nabors as Quaise's largest shareholder with a fully diluted ownership of 14%. The investment deepens the longstanding relationship between Nabors and Quaise, and gives Nabors meaningful
Nabors Industries invested $35 million to become the biggest owner of Geothermal Energy company Quaise. This shows Nabors believes in geothermal energy's future and wants a deeper partnership in this growing field.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.