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The buyout will merge software teams and cloud systems, aiming to save $2m yearly.
Including a key plant in North Carolina.
Editor’s Note: The story has been updated to mention acquisition of ‘net assets‘ Nuvve Holding Corp. (NASDAQ:NVVE) on Tuesday announced the acquisition of substantially all of the net assets of Fermata Energy LLC, a V2G platform provider in the U.S. The acquisition was completed through Nuvve’s newly formed subsidiary, Fermata II LLC (Fermata 2.0), which focused on scaling intelligent, bidirectional energy solutions. Fermata 2.0 acquired substantially all of the assets of Fermata and assumed cer