Gas Turbine Company For Powering Data Centers Purchased by Elon Musk

Alexandria Mansfield, writing for the Jacksonville Florida Times-Union, via Yahoo Finance: Elon Musk has acquired Jacksonville-based APR Energy, according to a Federal Trade Commission filing that surfaced the deal weeks after it closed with no public statement from either side. The FTC’s early termination notice, transaction number 20261350 and dated May 14, lists Elon Musk as the acquiring party and CF APR Super Holdings LLC as the acquired party, with New APR Energy, LLC listed as the acquired entity. It also shows the transaction was granted early termination, meaning no further antitrust review was required before the deal could close. No terms were disclosed in the FTC notice itself, but the price tag came into focus through a separate filing. That separate filing comes from Duos Technologies Group Inc, which recently disclosed a $50 million sales price for its 5% equity stake in APR Energy. That puts the deal at roughly $1 billion. As far as I can tell, APR Energy has not…