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IN BRIEF: ITM Power wins electrolysis equipment deal with unnamed firm

15th Nov 2021 10:10

ITM Power PLC - Sheffield-based hydrogen power equipment maker - Signs contract to deliver 12 megawatts of electrolysis equipment set for deployment next year. Proceeds to be recognised in financial year ending April 2023. "The customer and location remain confidential due to commercial sensitivities. This project was already included within the contracts backlog (in negotiation) and now moves into work in progress," ITM Power says.

Current stock price: 511.00 pence, up 0.8% on Monday

Year-to-date change: down 1.0%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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