Trust Size
$600M
Peak Price
$17.62
Current Price
$1.73
Return
-82.7%
Price Journey
What Happened
NET Power is developing a natural gas power generation technology that produces electricity with near-zero atmospheric emissions by capturing CO2 as part of the power cycle.
NET Power went public in June 2023 through a merger with Rice Acquisition Corp II, forming a $1.5 billion enterprise. The company's proprietary Allam-Fetvedt Cycle technology generates clean electricity from natural gas while inherently capturing CO2, eliminating the need for expensive post-combustion carbon capture. NET Power is working to build its first utility-scale plant, backed by investors including Occidental Petroleum, Baker Hughes, and 8 Rivers Capital.
Timeline
2021-05-06
S-1 Registration Filed
SEC Filing Details
CIK Number
1845437
Total SEC Filings
312
State of Incorporation
NC
Last Filing Date
2026-03-10
Business Location
Carnegie, PA
Trust/Asset Size
$600M
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for NET Power