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Nowea Energy Inc.: Smart Grid and Smart Home
The energy supply and the power grid of tomorrow presents many different challenges to power network operators worldwide. Decentralization, reliability, economic efficiency, digitalization and growing complexity are just a few to be mentioned.
In addition to our announcement dated May 26, 2020, we are therefore pleased to announce that we have taken another step forward in our strategic realignment. We had been able to finalize a letter of intent for an investment in a company that offers with its patented technology innovative solutions for a smart grid- and smart home-management.
This investment is an optimal addition to our portfolio and enables us to accompany this company on its way into the decentralized energy future, so that a reliable and economical operation of the power grid is guaranteed also in future.
Further information will follow soon. Please also note our publications on the Internet at https://noweaenergy.com/.
Investor Relations / May 29, 2020
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