Green Equity - July 16, 2024
News about stocks involved in environmental markets.
Green Equity is a daily series dedicated to tracking emerging investment opportunities in environmental markets. Notable events include green investments, fundraising, M&A, and new public listings.
News From Public Companies
Wallbox (WBX) has launched the Supernova 220, their most powerful DC fast charger, in the EU and ROW, following the successful North American launch of Supernova 180. The Supernova 220 boasts a 220 kW output with a compact 3.48 ft² footprint, allowing it to charge an EV up to 100 miles in just eight minutes.
Zefiro Methane Corp. (ZEFI) has appointed Catherine Flax to its Board of Directors. Ms. Flax, recognized as the Most Influential Woman in European Investment Banking in 2012, brings extensive experience from top Wall Street banks like Morgan Stanley, UBS, J.P. Morgan, and BNP Paribas.
ITM Power (ITM) has announced a major deal with a large utility company to reserve production capacity for four NEPTUNE II electrolyzer units scheduled for a UK project in 2025 or 2026.
Price Targets & Reports
Energy Recovery Inc (ERII) recently received an upgrade from Raymond James to a Strong Buy rating. B. Riley Securities also began covering the stock and initiated a “Buy” rating.