NET Power was founded to solve a critical environmental challenge in the energy sector: how to generate low-cost, dispatchable electricity from natural gas without emitting greenhouse gases into the atmosphere. Developed initially through a collaborative partnership involving technology inventors, venture investors, and major energy enterprises, the company engineered its breakthrough cycle, constructed a pioneering demonstration facility in Texas, and successfully transitioned into a publicly traded corporation on the New York Stock Exchange to scale commercial plant projects worldwide.
Mubadala Energy operates internationally under its formal corporate brand name, which evolved from its original identity as Mubadala Petroleum. Headquartered in Abu Dhabi, this multinational international energy company functions as a wholly-owned subsidiary of the Mubadala Investment Company, managing a robust portfolio of exploration, production, and natural gas assets spanning several countries across the Middle East, North Africa, and Southeast Asia regions.