NET Power Announces Agreements With Baker Hughes Affiliates Indefinitely Suspending Utility-Scale Oxy-Combustion Joint Development And Commercial Agreements, Terminating Baker Hughes' La Porte Access And Exclusivity Rights
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Why It Matters
NET Power stopped working with a big partner, Baker Hughes, on a project to build power plants together. When companies pause big partnerships like this, it can mean they hit a bump in the road, so watch if NET Power finds a new path forward soon.
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