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IN BRIEF: Oracle Power to advance funds to progress hydrogen project

11th Jul 2022 11:49

Oracle Power PLC - Cambridge-based power and natural resource project developer with projects focused on Pakistan - Alongside Kaheel Energy FZE, advances a further GBP390,000 to progress the development of its green hydrogen project in Pakistan, run by joint venture company Oracle Energy Ltd.

Joint venture is being funded on a 70:30 basis by Kaheel Energy and Oracle, respectively.

Current stock price: 0.35 pence, up 9.5% on Monday

12-month change: down 27%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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