Powerhouse Energy is formalising its development agreements in the key European territories of Poland, Greece and Hungary, securing a binding exclusivity agreement, bringing up-front payments and opening up these target markets for its waste-to-hydrogen technology. Our valuation scenario including European opportunities is at 7p per share and we see today’s announcement as making this scenario more achievable.
31 Aug 2021
Powerhouse Energy - European Exclusivity Deal
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Powerhouse Energy - European Exclusivity Deal
Powerhouse Energy Group PLC (PHE:LON) | 1.1 0 (-0.9%) | Mkt Cap: 44.8m
- Published:
31 Aug 2021 -
Author:
Adam Forsyth -
Pages:
6
Powerhouse Energy is formalising its development agreements in the key European territories of Poland, Greece and Hungary, securing a binding exclusivity agreement, bringing up-front payments and opening up these target markets for its waste-to-hydrogen technology. Our valuation scenario including European opportunities is at 7p per share and we see today’s announcement as making this scenario more achievable.