McPhy Energy's shares get boost from hydrogen station deal

Mcphy Energy SA

22/10/2021 10:37

** Shares in McPhy Energy  MCPHY.PA  are up around 4% after
the French energy company said it received an order to supply a
large capacity hydrogen station in western France  urn:newsml:reuters.com:*:nFWN2RH1RQ
    ** The deal is for equipment designed to refuel vehicles
running on hydrogen and brings McPhy's references to 37
stations, the company said in a statement
    ** Broker Portzamparc estimates the contract is worth around
2 million euros   
    ** The order "confirms the growing size of the stations in
the coming years, to accompany the growth in the number of
vehicles", Portzamparc analyst Nicolas Royot writes in a note   
    ** Including today's rise, the stock is down around 33% this
year

 (Reporting by Valentine Baldassari)
 ((Valentine.baldassari@tr.com))