NET Power’s technology converts natural and renewable gas into zero-emissions power. And the cycle doesn’t just reduce the world’s carbon footprint; it also lowers the price of energy. • In May of 2018, our test facility in La Porte, Texas achieved first fire, validating the core technology and becoming the world’s first large-scale supercritical carbon dioxide power plant. • In November 2021, our test facility synchronized with the ERCOT grid, achieving a major milestone for the energy industry. • In February 2022, Baker Hughes invests in NET Power and joins as an established industrial energy partner. Baker Hughes will support NET Power with clean integrated power technology and services, including the development of supercritical CO₂ tu