BUZZ-NextNRG signs MOU with A123 Systems, shares rise

NextNRG -0.08%

NextNRG

NXXT

0.40

-0.08%

** Shares of energy solutions provider NextNRG NXXT.O rise ~2% to $1.6

** Company signs memorandum of understanding with battery maker A123 Systems to support the deployment of battery energy storage systems manufactured domestically

** Under the deal, A123 and NXXT will deploy A123’s 5MWh battery energy storage units across co's U.S. energy projects

** Including session's move, shares down 52.4% YTD


(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.