Nabors Energy Transition Corp. II (NETD) to Combine with e2Companies in $770M Deal

Nabors Energy Transition Corp. II (NETD) to Combine with e2Companies in $770M Deal


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Nabors Energy Transition Corp. II (NASDAQ:NETD) has signed a definitive agreement to combine with energy management firm e2Companies at an enterprise value of $770 million, or 26.8x its 2024 revenue. Bonita Springs, Florida-based e2 produces smart generators that electrify off-grid sites and provide power optimizing services to reduce energy costs at high-demand locations. The combined
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