ITM Power PLC Funding Award to Supply an 8MW Electrolyser (3948L)
2020年4月30日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
TIDMITM
RNS Number : 3948L
ITM Power PLC
30 April 2020
30 April 2020
ITM Power plc
("ITM Power" or the "Company")
Funding Award to Supply an 8MW Electrolyser
ITM Power (AIM: ITM), the energy storage and clean fuel company,
is pleased to announce it has signed an agreement to supply an 8MW
electrolyser in the UK. The agreement, including associated project
costs, has a total value of GBP10m and funding will fall across
FY2021 and FY2022. Further details will be announced in due
course.
For further information please visit www.itm-power.com or
contact:
ITM Power plc
Andy Allen, Finance Director +44 (0)114 244 5111
Investec Bank plc (Nominated Adviser and
Broker)
Chris Sim / Jeremy Ellis / Ben Griffiths +44 (0)20 7597 5970
Tavistock (Financial PR and IR)
Simon Hudson / Edward Lee / Barney Hayward +44 (0)20 7920 3150
About ITM Power plc
ITM Power plc manufactures integrated hydrogen energy solutions
for grid balancing, energy storage and the production of renewable
hydrogen for transport, renewable heat and chemicals. ITM Power plc
was admitted to the AIM market of the London Stock Exchange in
2004. In October 2019, the Company announced the completion of a
GBP58.8 million fundraise, including a subscription by Linde of
GBP38 million, together with the formation of a joint-venture with
Linde to focus on delivering renewable hydrogen to large scale
industrial projects worldwide. ITM Power signed a forecourt siting
agreement with Shell for hydrogen refuelling stations in September
2015, (which was extended in May 2019 to include buses, trucks,
trains and ships) and in January 2018 a deal to deploy a 10MW
electrolyser at Shell's Rhineland refinery. ITM Power announced the
lease of the world's largest electrolyser factory in Sheffield with
a capacity of 1GW (1,000MW) per annum in July 2019. Customers and
partners include Sumitomo, Ørsted, Phillips 66, National Grid,
Cadent, Northern Gas Networks, Gasunie, RWE, Engie, BOC Linde,
Toyota, Honda, Hyundai and Anglo American among others.
www.itm-power.com
-ends-
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END
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