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Allied Energy Corporation (OTC: AGYP) Signs Strategic MOU with Green Rain Energy Holdings (OTC: GREH) to Convert Stranded Gas into Power for Texas-Based EV Charging Infrastructure
Allied Energy Corporation (OTC: AGYP) Signs Strategic MOU with Green Rain Energy Holdings (OTC: GREH) to Convert Stranded Gas into Power for Texas-Based EV Charging Infrastructure.
About this update from Allied Energy Corporation
[{"type":"text","content":"\r\n\r\n \r\n \r\n Allied Energy Corporation (OTC: AGYP) Signs Strategic MOU with Green Rain Energy Holdings (OTC: GREH) to Convert Stranded Gas into Power for Texas-Based EV Charging Infrastructure\r\n \r\n \r\n\r\n\r\nAllied Energy Corporation (OTC: AGYP) Signs Strategic MOU with Green Rain Energy Holdings (OTC: GREH) to Convert Stranded Gas into Power for Texas-Based EV Charging Infrastructure\r\n\r\n\r\n\r\n\r\n\r\n\r\n Allied Energy Corporation (OTC: AGYP) has signed a strategic Memorandum of Understanding (MOU) with Green Rain Energy Holdings Inc. (OTC: GREH) to supply natural gas for powering EV charging stations across Texas, transforming stranded and underutilized gas resources into sustainable energy for high-speed electric vehicle infrastructure.\r\n This partnership positions AGYP at the forefront of Texas's energy transition, leveraging the state's leadership in oil and gas production alongside over $400 million in NEVI funding to address grid constraints and support the projected 1 million EVs on Texas roads by 2030 through off-grid, localized power generation.\r\n By converting natural gas into power for Level 3 DC fast chargers along key corridors like I-35 and I-10, AGYP aims to generate recurring revenue in the $120B+ EV charging market, promote decarbonization, and align with Texas's goals for energy independence and carbon reduction, as highlighted by President George Monteith.\r\n DALLAS, July 17, 2025 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP), a Texas-based independent energy producer focused on hydrocarbon production and well-site optimization, is proud to announce the execution of a Memorandum of Understanding (MOU) with Green Rain Energy Holdings Inc. (OTC: GREH), a clean energy infrastructure developer, to supply natural gas for EV charging station deployment across Texas and other high-growth U.S. markets. The agreement marks a bold step in bridging traditional energy with the future of electrified transportation, allowing Allied Energy Corporation to monetize a broad spectrum of energy resources to help power the next generation of high-speed charging networks. https://ml.globenewswire.com/Resource/Download/1d2d9c88-6393-4129-8fe3-ce2783eea12a/strategic-partnership-energy-for-ev-future.png “This is where energy/oil field innovation meets clean energy execution,” said Geor...