An update from Codex Acquisitions PLC ( (GB:TNE) ) is now available.
Technologies New Energy PLC has successfully completed its de-SPAC process and commenced trading on the Main Market of the London Stock Exchange with a market capitalisation of approximately £32 million. This milestone marks a significant step in TNE’s growth strategy, leveraging its proprietary hybrid biorefinery technology to drive industrial decarbonisation. The company’s diversified revenue model and focus on long-term value creation are expected to deliver substantial returns for shareholders, supported by favourable regulatory conditions in the renewable energy market.
More about Codex Acquisitions PLC
Technologies New Energy PLC (TNE) is a company incorporated in Portugal, operating in the renewable energy sector with a focus on energy transition, biofuels, chemicals, and the bioeconomy. TNE positions itself as a global supplier of innovative solutions and projects aimed at accelerating energy transition and achieving decarbonisation targets. The company operates through three main business units: Consulting, Contracting, and Portfolio Management, offering services ranging from project design and regulatory compliance to construction and management of renewable energy projects.
Technical Sentiment Signal: Buy
For a thorough assessment of TNE stock, go to TipRanks’ Stock Analysis page.