Page 7 - Tim Yeo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PLANS have been unveiled for a £20 million green energy plant on the River Clyde.

PEEL NRE, part of Peel L&P, is planning to develop a waste plastic to hydrogen facility in Scotland.

IN BRIEF: Powerhouse Energy to provide GBP3.8 million loan for Protos Wed, 12th May 2021 21:19 Powerhouse Energy Group PLC - sustainable hydrogen technology company - Agrees to provide up to GBP3.8 million as a loan to Protoss Plastics to Hydrogen No 1 Ltd, the Peel NRE special purpose vehicle. Loan will go towards progressing the development of the Protos plant, the first proposed commercial application of Powerhouse's DMG waste plastic to hydrogen technology. The facility will be available for six months, and the drawdown will be in agreement with the budgeted Protos development cash flow. ...

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...

PowerHouse Energy Group accept loan deal to advance Protos plant 'as showcase to the world' Powerhouse Energy Group PLC's (LON:PHE) Tim Yeo talks to Proactive London's Katie Pilbeam with an update on the development at Protos and how it will be used to 'showcase to the world'. He explains the rationale behind entering a loan agreement to provide up to £3.8 mln to secure long lead time items and project design services in respect of the Protos project prior to securing long-term debt funding arrangements. With further expansion in Europe, following an agreement for a rollout in Poland and mos...