other_material
confidence high
sentiment neutral
materiality 0.55
Net Power reports $379M cash, advances 80MW Permian clean power project
NET Power Inc.
- Ended Q4 2025 with ~$379M cash, cash equivalents, and investments.
- Targeting FID for first 80MW clean gas power project in H2 2026; commercial ops early 2029.
- Progressing joint development agreement with Entropy for carbon capture; final approvals expected Q2 2026.
- Project will use Siemens A35 gas turbines with Entropy's post-combustion capture technology.
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