Thoroughly exciting to know LPD offer the UAE and Sultan al Jaber to put money into a process totally aligned to their vision of a decarbonised future. $266m is a drop in the ocean for the Emiraties, this is more about accelerating their vision into practice. As head of ADNOC and hosting the COP28 Sultan al Jaber needs to demonstrate as an oil producing state he and his country are fully committed to a decarbonised future and are funding new tech to deliver this. I'm sure he wants a good deal but he wants it.... Joes been around the capital market world for many years.... I've loaded up this IMO is a once a decade opportunity.... if this fails I'm going S&P500 !
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