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The joint venture aims to serve AI data centers, defense, and heavy industry.
Nocera, Inc. (Nasdaq: NCRA) and INERGX have established a 50/50 joint venture to acquire and consolidate the mission-critical energy supply chain for AI data centers, defense, and heavy industry. The joint venture was announced with an investment of $250 million.
The $250 million investment is directed towards acquiring and consolidating the energy supply chain. This strategic move is expected to enhance the energy infrastructure supporting critical sectors.
Nocera, Inc. has a free float of 210,737 shares and 2,136,495 shares outstanding.
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