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Sources familiar with the matter report that the US government plans to buy 35% of the non-controlling interest in North American Blue Energy Partners, owned by Venezuelan businessman Alejandro Betancourt. The US also plans to obtain priority rights to purchase 20% of the company's production at cost. The report said that the Pentagon Strategic Capital Office plans to complete this investment through low price warrants, and the US can obtain shares in this company without a large amount of actual investment.
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Sources familiar with the matter report that the US government plans to buy 35% of the non-controlling interest in North American Blue Energy Partners, owned by Venezuelan businessman Alejandro Betancourt. The US also plans to obtain priority rights to purchase 20% of the company's production at cost. The report said that the Pentagon Strategic Capital Office plans to complete this investment through low price warrants, and the US can obtain shares in this company without a large amount of actual investment.
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