Nuvve Holding Corp. /
Fermata Energy LLC
Nuvve expands its vehicle-to-grid platform with Fermata assets
What happened
Nuvve Holding Corp. agreed to acquire substantially all of the assets and certain specified liabilities of Fermata Energy LLC through its newly formed subsidiary, Fermata Energy II, LLC. The acquisition was completed through Fermata Energy II LLC.
The total purchase price was approximately $659,000, including approximately $340,000 in cash and the remainder in assumed liabilities. Fermata Energy LLC is a leading V2G platform provider in the U.S.
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Nuvve expands its vehicle-to-grid platform with Fermata assets
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