EGH Acquisition, Hecate Energy expect business combination to close in early Q1 2027
EGHA•Deal expected to close in early Q1 2027
Hecate Energy’s planned combination with EGH Acquisition is now expected to close in early Q1 2027.
The deal, announced Jan. 22, 2026, values Hecate at a pre-money enterprise value of about $1.2 billion.
Legal and documentation matters tied to Hecate’s lender arrangements, including related litigation, have been fully resolved.
Hecate is also in talks with potential interim investors for additional capital to support the process and bolster its balance sheet.
The transaction would take Hecate public on Nasdaq under the ticker HCTE.
