Australia's Provaris Energy gains on MoU with French firm

Provaris Energy

15/09/2022 01:46

** Shares of Provaris Energy Ltd  PV1.AX  rise as much as
7.9% to A$0.068, seeing their best day since Aug. 30
    ** Compressed hydrogen project developer says it executed
memorandum of understanding (MoU) with France-based Total Eren
 urn:newsml:reuters.com:*:nFWN30L22F
    ** Says MoU for development of solutions to transport green
hydrogen projects to Asia and Europe using co's compressed
hydrogen supply chain
    ** Stock had fallen 39.1% this year, as of last close

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))