UK's EnergyPathways plunges after NSTA declines gas storage licence

Energypathways

14/08/2025 09:19

** Shares of energy transition firm EnergyPathways EPP.L plunges nearly 46% to 2.9 pence

** North Sea Transition Authority (NSTA) declines gas storage licence to co

** Affects only MESH project's natural gas & hydrogen storage elements, co says

** To review resubmission of licence application to NSTA

** MESH project is a large-scale energy storage hub in the UK that plans to store natural gas, hydrogen, and compressed air

** Including session moves, EPP down ~66% YTD

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))