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EnergyDeal

Net Power signs cost reimbursement agreement with a frontier AI model developer for up to approximately $180.0 million

Entered in August 2026 while the parties negotiate an energy services agreement for the Initial Project. If none is executed by February 14, 2027, or certain other events occur, the customer must reimburse nonrefundable costs of approved expense items, subject to conditions.

Size
$180 mn
Place
Texas
Companies
Net Power
Source
Net Power Inc. 10-Q, filed Nov 12, 2026
Published here

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