ITM Power PLC REFHYNE II FID taken
25 Juillet 2024 - 10:12AM
RNS Regulatory News
RNS Number : 7388X
ITM Power PLC
24 July 2024
25 July 2024
ITM Power
PLC
REFHYNE II FID taken
We welcome today's announcement by Shell
Deutschland GmbH relating to their positive Final Investment
Decision (FID) for the 100MW green hydrogen REFHYNE II project at
the Shell Rheinland Energy and Chemicals Park in Germany. This
follows the capacity reservation between Shell and ITM that we
announced in December 2023.
We are pleased that Shell has selected us as
their supplier for this project. We look forward to concluding the
manufacturing and supply contract in due course and, in close
collaboration with Shell and Linde, driving the project to
success.
For further information, please
visit www.itm-power.com or contact:
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ITM
Power PLC
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Justin Scarborough, Head of Investor
Relations
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+44 (0)114 551 1080
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Investec Bank plc (Nominated Adviser and
Broker)
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+44 (0)20 7597 5970
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James Rudd / Chris Sim / Ben
Griffiths
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About ITM
Power PLC:
ITM Power was founded in 2000 and ITM Power PLC
was admitted to the AIM market of the London
Stock Exchange in 2004. Headquartered in
Sheffield, England, ITM Power designs and manufactures
electrolysers based on proton exchange membrane
(PEM) technology to produce green hydrogen, the only net zero
energy gas, using renewable electricity and water.
-ends-
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