Gaensel Energy Group, Inc. (GEGR) Moving Forward on Major Acquisition News

One of the companies that is expected to be on the radars of many investors this morning is Gaensel Energy Group (OTCMKTS:GEGR), which made a major announcement earlier on in the day. It may be a good time for investors to take a look at it.

The stock has soared as much as 34.61% after the news. Moreover, the stock has outperformed the broader market over the past month.

The diversified holding company announced this morning that it had been successful in completing the acquisition of a controlling interest CONSORZIO GREEN SOLUTION & GNL. By way of this transaction, the company is going to have a controlling partnership in CONSORZIO GREEN SOLUTION & GNL. The transaction had been completed by Gaensel Energy Group in a deal that was worth as much as $900,000.

CONSORZIO GREEN SOLUTION & GNL had been set up back in 2019 and the partnership in question is going to be made up of a number of renewable energy firms who have pooled their interests. At this point in time, those resources make up as much as $200 million in contracts over the course of the next two years. Hence, it goes without saying that the latest announcement from Gaensel Energy Group is a significant one and one that is expected to bring the company to the notice of investors.