CENAQ Energy Corp. (CENQ) to Combine with Bluescape Clean Fuels, LLC

CENAQ Energy Corp. (NASDAQ:CENQ) has entered into a definitive agreement to combine with gasoline supplier Bluescape Clean Fuels at a pro forma enterprise value of $280 million, or 1.8x 2025E EBITDA. Dallas, Texas-based Bluescape Clean Fuels turns waste feedstocks into renewable gasoline, allowing consumers to reduce their carbon footprint. Upon closing of the Business Combination, the combined
Read More