
Net Power, backed by the Rice brothers (of Rice Energy and EQT fame), is on a mission to develop and deploy revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see
Dan Rice Buys Co. that Builds Zero-Carbon Gas-Fired Electric Plants). In April, MDN brought you the news that Net Power experienced a major shakeup at the company, replacing both its President and Chief Financial Officer with new people (see
Shakeup at Rice-Backed Net Power; President and CFO Both Out). Danny Rice assumed the role of President in addition to his existing CEO duties. Two weeks ago, the company issued its first quarter 2025 update. What's the latest?
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