REG - ITM Power PLC - ITM Power contract award towards 100MW project

ITM PowerAnnouncement

17/07/2023 11:00

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RNS Number : 2374G  ITM Power PLC  17 July 2023

17 July 2023

 

ITM Power PLC

 

ITM Power contract award towards 100MW project in Germany

 

ITM is delighted to announce the award of a contract for the procurement of
long lead-time materials and components required for the manufacturing of our
state-of-the-art MEP30 skids for a 100MW project in Germany.

The Final Investment Decision (FID) is aimed to be taken by our customer in
2023.

Dennis Schulz, CEO ITM Power, said: "This order is an important endorsement of
our technology and capability to deliver projects at scale. It will be the
third 100MW project we are entrusted to execute."

For further information please visit www.itm-power.com
(http://www.itm-power.com/)  or contact:

 

 

 ITM Power PLC
 Justin Scarborough, Head of Investor Relations    +44 (0)114 551 1080

 James Collins, Head of Corporate Affairs          +44 (0)114 551 1205

 Investec Bank plc (Nominated Adviser and Broker)  +44 (0)20 7597 5970
 James Rudd / Chris Sim / Ben Griffiths

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of MAR

 

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.

 

 

 

 

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