Longspur Clean Energy - Clean Power Hydrogen - Equity Raise Brings in £7.3m
Research on Clean Power Hydrogen PLC (CPH2:LON) from Longspur Clean Energy
Clean Power Hydrogen has completed its equity raise package bringing in a total of £7.3m. This gives the company the financial headroom to move forward with its new capital light strategy and to unlock the strategic manufacturing agreement with Hidrigin. CPH2 has moved quickly following the incident that resulted in a failure of its MFE220 electrolyser and this raise will allow the company to move to maximise value from the situation.
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