Reported about 11 hours ago
Nuvve Holding has acquired the majority of assets from Fermata Energy, a vehicle-to-grid (V2G) platform company, through its new subsidiary, Fermata Energy II, for approximately $659,000. This acquisition aims to enhance bidirectional energy solutions and integrate V2G technology with advanced AI-based grid management tools, benefiting electric vehicle fleet operators and utility companies. Leadership will be shared between Nuvve CEO Gregory Poilasne and COO Hamza Lemsaddek, emphasizing a commitment to energy transition and operational continuity.
Source: YAHOO