Business
Alpha CHP Payment Received
Alpha CHP Payment Received.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n RNS Number : 7466U Ceres Power Holdings plc 30 June 2009 \n \n \n30 June 2009 \nCeres Power Holdings plc\n('Ceres Power', 'Ceres' or the 'Company')\n\nCeres confirms receipt of £2m Alpha CHP payment from British Gas\n Ceres Power announces that it has received the payment of £2 million from British Gas for the successful design, build and testing of a number of 1kW grid-connected Combined Heat and Power ('CHP') products meeting all of the deliverables under the Alpha phase of the CHP programme. \nThe Company expects to end its financial year on 30th June 2009 with net cash and short-term investments of at least £22 million. The Company will announce its full year preliminary results in September 2009.\nFor further information contact:\n\n\n\n\nCeres Power Holdings plc\n\n\nTel. +44 (0)1293 400 404\n\n\n\n\nPeter Bance, Chief Executive Officer/ Rex Vevers, Finance Director\n\n\n\n\n\n\n\nMorgan Stanley\n\n\nTel. +44 (0)20 7677 5044\n\n\n\n\nAlisdair Gayne/Jon Bathard-Smith\n\n\n\n\n\n\n\nKreab & Gavin Anderson \n\n\nTel. +44 (0)20 7554 1400\n\n\n\n\nKen Cronin/Deborah Walter/Robert Speed\n\n\n\n\n\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCGUGDLSXXGGCG \n ","length":3019,"tagName":"div"}]