Reliance's US unit buys $12 million stake in helium explorer Wavetech Helium
Reliance Industries' U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million, the conglomerate said on Thursday, in a move aimed at expanding its low-carbon energy segment.
Reliance Finance acquires 21% stake in US-based Wavetech Helium
Reliance Finance and Investments has signed a deal to acquire a 21% stake in US-based helium gas exploration company Wavetech Helium, Inc. (WHI) for $12m. WHI started its commercial operations earlier this year. The company is currently preparing for a 200 well development drilling programme in the Morrow channel reservoirs in Colorado.
Reliance's Strategic Stake in Helium Future
Reliance Industries Ltd acquires a 21% stake in US-based Wavetech Helium Inc for $12 million, marking a strategic move in helium exploration. This acquisition aligns with Reliance's strategy to expand its low carbon solutions business.
Mukesh Ambani's Reliance Industries Acquires 21% Stake in Wavetech Helium For Rs 100 Crore
Reliance Finance and Investments USA LLC, a subsidiary of Reliance Industries, acquired a 21% stake in US-based Wavetech Helium for $12 million (Rs 100 crore) on November 27, 2024. The investment aims to expand its low-carbon exploration business.
RIL buys 21% stake in US-based helium gas producer
Reliance Finance and Investments USA LLC, a step-down wholly owned subsidiary of Reliance Industries, has bought 21 per cent stake in Wavetech Helium, Inc. for $12 million.
RIL gains 2% as US-based arm picks 21% stake in Wavetech Helium
As per the agreement, Reliance Finance and Investments will buy a 21 per cent stake for an aggregate consideration of $12 million
Reliance Industries Acquires 21% Stake in US-based Wavetech Helium for $12 Mn
Reliance Industries, through its subsidiary Reliance Finance and Investments USA LLC, acquired a 21% stake in Wavetech Helium Inc. The deal, valued at
Reliance Industries arm acquires 21% stake in US-based Wavetech Helium for $12 million
Reliance Industries Ltd on Thursday said it has acquired a 21 per cent stake in US helium gas exploration and production company Wavetech Helium Inc for USD 12 million. "Reliance Finance and Investments USA LLC,
RIL arm acquires 21% stake in US-based Wavetech Helium for $12 million
The acquisition, according to industry sources, is seen as RIL's attempt to gain further understanding and explore potential in the helium-related segment
RIL arm to buy 21% in US company Wavetech
MUMBAI: Reliance Industries is set to acquire 21% in US-based Wavetech Helium for $12 million, expanding its exploration business in low carbon solutions. The Mukesh Ambani-led company will route its investment in Wavetech,
Reliance share price jumps 2% on THIS acquisition buzz. More upside possible?
Reliance Industries’ shares rose over 2% on BSE following the announcement of its subsidiary acquiring a 21% stake in ...
Reliance invests in American Helium company to power its data centres, electronics, aerospace and other needs
Reliance Finance and Investments USA LLC has acquired a 21% stake in Wavetech Helium, Inc. for USD 12 million. The ...