Brief: Powercell Signs Agreement For Deliveries Valued At EUR 19.2 Mln

Powercell Sweden AB (publ)

03/03/2023 06:46

March 3 (Reuters) - Powercell Sweden AB (publ)
 PCELL.ST :
    * POWERCELL SIGNS AGREEMENT FOR DELIVERIES TO NORWEGIAN
STATE
FERRIES VALUED AT EUR 19.2 MILLION
    * WITH A VALUE OF EUR 19.2 MILLION, THIS IS WORLD'S LARGEST
HYDROGEN PROJECT TO DATE IN MARINE INDUSTRY
    * APPROXIMATELY EUR 5 MILLION OF ORDER VALUE IS EXPECTED TO
IMPACT
POWERCELL'S REVENUES IN 2023
    * AGREEMENT, SIGNED BY POWERCELL WITH SEAM, INCLUDES
DELIVERIES OF
HYDROGEN SOLUTIONS TO TWO SHIPS THAT OPERATE ON NORWAY'S LONGEST
FERRY CONNECTION
    * FINAL DELIVERY IS TO TAKE PLACE IN Q4 OF 2024

Source text for Eikon:  ID:nMFN5DPm41 
Further company coverage:  PCELL.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))