Compass Digital Acquisition, EEW Renewables enter combination agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 06 2024
0mins
Should l Buy ?
Business Combination Agreement: EEW Renewables, a renewable energy project developer, has entered into a definitive business combination agreement with Compass Digital Acquisition, aiming to list on Nasdaq and accelerate growth, with an enterprise value of $386 million.
Project Pipeline and Market Position: EEW has developed approximately 1.5 GW of renewable projects and holds a robust pipeline of 9 GW, positioning itself to benefit from increasing global demand for renewable energy and climate initiatives.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
