REG - EnergyPathways PLC - Study shortlists sites for MESH onshore facilities

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RNS Number : 9942B  EnergyPathways PLC  27 April 2026

 27 April 2026

 

 EnergyPathways plc

("EnergyPathways" or the "Company")

 

Engineering study shortlists sites for MESH onshore facilities in
Barrow-in-Furness

Onshore sites evaluated and shortlisted for EnergyPathways' nationally
significant MESH energy project

 

EnergyPathways (AIM: EPP), the energy transition company, is pleased to report
that Costain Group PLC ("Costain") has completed a first phase of engineering
studies for locating onshore facilities for EnergyPathways' MESH project at
Barrow-in-Furness, Cumbria. Costain evaluated a number of potential site
locations and shortlisted them for further evaluation and front-end
engineering and design. Costain is now progressing with a second phase of
detailed engineering design work for the MESH onshore facilities.

 

The MESH project, designated as a project of "national significance" by the UK
Department of Energy Security and Net Zero (DESNZ) in September 2025, is an
integrated long-duration energy storage project located in the east Irish Sea.
It will be connected to Britain's energy network via new and existing
pipelines and transmission lines. MESH will combine compressed air, natural
gas and hydrogen storage within purpose-built offshore salt caverns and
flexible medium-range gas field storage.

 

EnergyPathways aims to develop a sustainable industry park at
Barrow-in-Furness which over time may incorporate onshore facilities
comprising:

·    hydrogen and graphite production facilities;

·    clean ammonia production facilities;

·    energy storage operations base;

·    connection infrastructure for the MESH offshore LDES and gas storage
facilities; and

·    onshore energy storage and industrial product export facilities.

 

The development of these facilities will be dependent on EnergyPathways
securing financing and planning approvals for the MESH development. The MESH
project closely aligns with the UK's energy, industrial and economic growth
strategies, alongside the UK's 2035 Critical Minerals strategy ambitions. It
is intended that the MESH hydrogen production facility will produce graphite,
a critical mineral essential for use in civil nuclear, defence and battery
systems, as a by-product.

 

MESH also complements the UK Government's ambitions to strengthen and
diversify Barrow's economy. The development masterplan for Barrow is being
spearheaded by Team Barrow, a UK Government initiative that involves BAE
Systems, Westmorland & Furness Council and the Department of Housing,
Communities and Local Government, as well as a range of local and national
companies and organisations. Team Barrow has publicly welcomed the MESH
project.

 

 

 

 

Ben Clube, CEO of EnergyPathways, said:

 

"We are delighted to be working with Costain on the engineering of our onshore
facilities to be located in Barrow-in-Furness.

 

"Both EnergyPathways and Costain are very encouraged by the constructive
engagement that we have had with local government and regional stakeholders in
developing our plans for energy transition growth and new industry in
Barrow-in-Furness.

 

"The potential to develop a significant sustainable industry park in
Barrow-in-Furness is very exciting. Costain has provided a strong foundation
of front-end engineering design and has identified a number of quality sites
for locating the MESH project's onshore facilities. We look forward to working
with Costain to complete a second phase of more detailed engineering work to
advance the MESH project towards FID".

 

 

Investor Engagement with EnergyPathways

Engage with us by asking questions, watching video summaries and seeing what
other shareholders have to say. Navigate to our Interactive Investor website
here: https://energypathways.uk/ (https://energypathways.uk/)

 

Enquiries

 Investor questions on this announcement                                      https://energypathways.uk/link/r6gwwP (https://energypathways.uk/link/r6gwwP)
 We encourage all investors to share questions on this announcement via our
 investor hub

 EnergyPathways                                                               Tel: +44 (0)207 466 5000, c/o Burson Buchanan (Financial PR)
 Ben Clube / Max Williams

                                                                            Email : info@energypathways.uk

 Cairn Financial Advisers LLP (Nominated Adviser)                             Tel: +44 (0)20 7213 0880
 Jo Turner / Louise O'Driscoll / Sandy Jamieson

 SP Angel Corporate Finance LLP (Broker)                                      Tel: +44 (0)20 3470 0470
 Richard Hail / Adam Cowl

 

 

Subscribe to our news alert service: energypathways.uk
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For further information on EnergyPathways visit www.energypathways.uk
(http://www.energypathways.uk)

and @energy_pathways on X.

 

About Costain: Costain Group is a leading UK-based sustainable infrastructure
solutions company, founded in 1865. Listed on the London Stock Exchange, it
specializes in transportation, water, and energy sectors, delivering
large-scale engineering projects. Costain focuses on integrated services,
ranging from consultancy to project delivery and operations.

 

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or
anticipated future events and anticipated results that are forward-looking in
nature and, as a result, are subject to certain risks and uncertainties, such
as general economic, market and business conditions, competition for qualified
staff, the regulatory process and actions, technical issues, new legislation,
uncertainties resulting from potential delays or changes in plans,
uncertainties resulting from working in a new political jurisdiction,
uncertainties regarding the results of exploration, uncertainties regarding
the timing and granting of prospecting rights, uncertainties regarding the
timing and granting of regulatory and other third party consents and
approvals, uncertainties regarding the Company's or any third party's ability
to execute and implement future plans, and the occurrence of unexpected
events.

 

Actual results achieved may vary from the information provided herein as a
result of numerous known and unknown risks and uncertainties and other
factors.

 

 

 

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