Mask buys the mobile power company APR Energy, with over $1 billion in value

According to TechRepublic, Mask acquired the mobile power company APR Energy, with a trading valuation of over $1 billion. According to regulatory documents, Duos Technology sells New APR Energy 5 per cent of its non-voting shares, with a net gain of $5.4 million, which is calculated as over $1 billion in the corporate valuation. APR Energy, based in Jacksonville, Florida, United States, has a rapidly deployable gas and diesel fleet, which provides temporary or supplemental power for such scenarios as data centres, with a total power capacity exceeding 1 GW and a partial project deployment within 15 to 30 days。