Powerhouse has announced that it is to defer further progress on the Longford Project in Ireland while it assesses its position with joint venture partner Hydrogen Utopia (HUI LN). This is one of a number of opportunities for Powerhouse and with finite resources, Powerhouse needs to be selective. However, we note that the move is described as a deferral which suggests it may be revisited at some point in the future.
30 Oct 2023
Powerhouse Energy - Longford Deferred
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Powerhouse Energy - Longford Deferred
Powerhouse Energy Group PLC (PHE:LON) | 0.4 0 (-4.3%) | Mkt Cap: 19.7m
- Published:
30 Oct 2023 -
Author:
Adam Forsyth -
Pages:
3 -
Powerhouse has announced that it is to defer further progress on the Longford Project in Ireland while it assesses its position with joint venture partner Hydrogen Utopia (HUI LN). This is one of a number of opportunities for Powerhouse and with finite resources, Powerhouse needs to be selective. However, we note that the move is described as a deferral which suggests it may be revisited at some point in the future.