Business
REFHYNE II FID taken
REFHYNE II FID taken.
About this update from Itm Power Plc
[{"type":"text","content":"\n\n25 July 2024\n \nITM Power PLC\n \nREFHYNE II FID taken\n \nWe 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.\n \nWe 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.\n \nFor further information, please visit www.itm-power.com or contact:\n \n\n\n\n\nITM Power PLC\n\n\n\n\n\n\n\nJustin Scarborough, Head of Investor Relations\n \n\n\n+44 (0)114 551 1080\n\n\n\n\n\n\n\n\n\n\n\n\nInvestec Bank plc (Nominated Adviser and Broker)\n\n\n+44 (0)20 7597 5970\n\n\n\n\nJames Rudd / Chris Sim / Ben Griffiths\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nAbout ITM Power PLC:\nITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM market of the London\nStock Exchange in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures\nelectrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.\n \n-ends-\n\n","length":3940,"tagName":"div"}]