Energy company NGEN gets capital injection, new co-owner

Žirovnica – NGEN, an energy system solutions company, has received a capital injection of EUR 70 million this year to finance its growth and expansion to new markets. The capital injection came from the conversion of a loan from one of its founders – crypto millionaire Damian Merlak, and from Boštjan Bandelj NGEN entering as a new partner. Bandelj, the founder, owner and director of Belektron, one of the largest global traders of emission allowances, joined the company earlier this year. Following the recapitalisation, NGEN is now owned by Merlak,…

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