Lighthouse Global Holdings Inc. (OTCPK:LHGI) signed an memorandum of understanding to acquire 20% stake in Embrace Nature Power1 Corporation on July 9, 2020. As per the terms of the transaction Lighthouse Global Holdings will issue restricted shares upon the commissioning of the renewable energy plants performance, in exchange for 20% stake in Embrace Nature Power1 Corporation. Upon the memorandum of understanding agreement is executed Lighthouse Global Holdings will conduct due diligence on Embrace Nature Power1 Corporation financial and technology.