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ARM / Hyundai's shipbuilding arm invests in UK hydrogen developer, portfolio company of HydrogenOne Capital Growth

Hyundai's shipbuilding arm invests in UK hydrogen developer, portfolio company of HydrogenOne Capital Growth
Hyundai's shipbuilding arm has invested €45 million in HydrogenOne Capital Growth PLC (LSE:HGEN) portfolio company Elcogen, which makes solid oxide fuel cell and electrolyser technologies that allow energy to be produced from a variety of fuels. The investment is being made by HD Hyundai's Korea Shipbuilding & Offshore Engineering Co following "extensive" testing of the full range of technology available in the market, but having also signed a research and development collaboration with Elcogen in January. Read More
Posted: Oct 11 2023, 08:06
Author Name: Proactive Investors
Views: 112345

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