REG - ITM Power PLC - REFHYNE II FID taken

ITM PowerAnnouncement

25/07/2024 09:15

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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
(http://www.itm-power.com/)  or contact:

 

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

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

 

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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