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Share Price: 16.92
Bid: 16.90
Ask: 17.18
Change: 0.44 (2.67%)
Spread: 0.28 (1.657%)
Open: 16.62
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AFC Energy Signs Strategic Deal With German Consultancy PlantIng

Fri, 19th Feb 2016 07:52

LONDON (Alliance News) - AFC Energy PLC on Friday said it has signed a strategic engineering services and partnership deal with German engineering consultancy plantIng GmbH.

AFC said the deal will back the roll-out of its alkaline fuel cell system and will see plantIng work to drive development opportunities for AFC's systems with its existing and future client base.

No financial terms were disclosed.

"I've come to know plantIng very well over the past twelve months and have been extremely impressed by their professionalism, commitment, timeliness and unyielding support for AFC Energy in seeing us achieve our ambitious fast tracked goals for the POWER-UP project in Germany," said Adam Bond, AFC's chief executive.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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