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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Comment by WinterBaronon Jun 11, 2021 10:52am
113 Views
Post# 33371965

RE:Freyr news - coming to the US!

RE:Freyr news - coming to the US!It certainly is interesting.
Alussa, FREYR and Eguana are all aligned with ITOCHU who we might reasonably anticipate are the "unnamed" JV Partner. 

I particularly like this portion of today's NR.

"On 29 January 2021, FREYR announced that it will become a publicly listed company through a business combination with Alussa Energy, raising approximately $850 million in equity proceeds to accelerate the development of up to 43 GWh clean battery cell manufacturing capacity in Norway.
Subject to closing conditions being met, the combined company will be named “FREYR Battery” (Pubco) and its common stock is expected to start trading on the New York Stock Exchange under the ticker symbol FREY upon closing, expected in the second quarter of 2021.
On 16 February 2021, the extraordinary general meeting of FREYR approved the business combination. Alussa Energy expects its Special Meeting to approve the business combination to take place on June 25, 2021.


The full extent of Eguana's participation remains to be clarified but the stars appear to be aligning. 

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