Net Zero Infrastructure Plc (LSE:NZI) signed a non-binding letter of intent to acquire Taylor Construction Plant Limited and Solar Highways Limited on May 19, 2022. The consideration includes combination of cash consideration and new shares in NET ZERO INFRASTRUCTURE PLC. The Proposed transaction is subject, inter alia, to the completion of due diligence, documentation and compliance with all regulatory requirements, including the Listing and Prospectus Rules and, as required, the Takeover Code.

Net Zero Infrastructure Plc (LSE:NZI) cancelled the letter of intent to acquire Taylor Construction Plant Limited and Solar Highways Limited on November 18, 2022.