AFC Energy has signed a potentially lucrative exclusive distribution agreement with Saudi Arabia’s The Machinery Group LLC, trading as TAMGO. TAMGO is an approved vendor to many of Saudi Arabia’s large infrastructure and mining projects including NEOM, Red Sea Global and Qiddiya. Under the Agreement, TAMGO will market and sell or lease to end-customers AFC’s H-Power Generators into the USD1.6bn industrial and off-grid power markets in Saudi Arabia and the greater MENA region. This agreement foll ....

04 Sep 2023
AFC Energy (AFC LN) - Saudi and MENA distribution agreement

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AFC Energy (AFC LN) - Saudi and MENA distribution agreement
AFC Energy plc (AFC:LON) | 9.1 0 (-0.7%) | Mkt Cap: 102.5m
- Published:
04 Sep 2023 -
Author:
Robin Byde -
Pages:
5 -
AFC Energy has signed a potentially lucrative exclusive distribution agreement with Saudi Arabia’s The Machinery Group LLC, trading as TAMGO. TAMGO is an approved vendor to many of Saudi Arabia’s large infrastructure and mining projects including NEOM, Red Sea Global and Qiddiya. Under the Agreement, TAMGO will market and sell or lease to end-customers AFC’s H-Power Generators into the USD1.6bn industrial and off-grid power markets in Saudi Arabia and the greater MENA region. This agreement foll ....