other material
confidence high
sentiment neutral
materiality 0.50
Green Rain Energy signs non-binding MOU with Allied Energy for energy supply to EV charging projects
Green Rain Energy Holdings Inc.
- MOU dated Sept 3, 2025, between Green Rain (via Green Rain Solar) and Allied Energy.
- Allied to deliver energy resources along routes designated by Green Rain for EV charging in TX, NM.
- MOU is non-binding for the final Energy Purchase and Sales Agreement; 120-day term.
- Binding provisions include confidentiality, insurance, and indemnification (Exhibit C NDA with 2-year survival).
- Green Rain responsible for infrastructure development, offtake, and site leasing negotiations.