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Net Power Reports Fourth Quarter 2024 Results and Provides Business Update

1. Net Power finalized FEED for Project Permian, advancing its commercialization efforts.

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FAQ

Why Bullish?

Completion of FEED is a critical step towards project implementation, indicating positive future revenue potential, similar to past utility projects that boosted stock prices upon milestone achievements.

How important is it?

The completion of the FEED process directly impacts NPWR's growth strategy, making this development crucial for investors and market analysts focusing on future earnings potential.

Why Long Term?

The advancements in Project Permian suggest that revenue and stock performance may improve significantly over the coming quarters as the project moves closer to operational phase.

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SPWRNEEAPLE
DURHAM, N.C.--(BUSINESS WIRE)--Net Power Inc. (NYSE: NPWR) (“Net Power” or the “Company”) today announced its financial and operational results for the fourth quarter and full-year 2024, highlighting progress in its technology development and path to commercialization. Completed FEED for Project Permian (SN1) and Shifted to Design Optimization: Net Power finalized the Front-End Engineering and Design (FEED) for Project Permian, its first utility-scale project in West Texas. The cost estimate wa.

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