Browsing Tag
Azure Energy
2 posts
Algorhythm targets $7m equity proceeds as Azure Energy advances 100 MW biomass project
Azure Energy sees up to $70 million of value in a North Carolina biomass project. See how a potential sale could reshape Algorhythm Holdings’ finances.
Algorhythm (NASDAQ: RIME) buys Azure Energy for $23m in major power pivot
Algorhythm Holdings has completed a $23 million acquisition of biomass power developer Azure Energy, a transaction several times larger than Algorhythm’s recent equity value and one that could radically reshape both its business and shareholder base.