POWERHOUSE ENERGY GROUP PLC - Loan Facility to Protos Project SPV
POWERHOUSE ENERGY GROUP PLC - Loan Facility to Protos Project SPV PR Newswire Loan Facility to Protos Project SPV Powerhouse Energy Group plc (AIM: PHE), the sustainable hydrogen company pioneering hydrogen production from waste plastic, is pleased to announce that the Company has agreed to enter into a loan agreement to provide up to £3.8 million to Protos Plastics to Hydrogen No. 1 Limited, the Peel NRE Special Purpose Vehicle (the "SPV"). The loan is to progress the development of the Protos plant, the first proposed commercial application of Powerhouse's DMG waste plastic to hydrogen tec...
Source: finanznachrichten.de