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IN BRIEF: IGas Energy chosen for Manchester NHS geothermal scheme

Tue, 30th May 2023 13:28

IGas Energy PLC - London-based onshore energy company - Says its geothermal business GT Energy has been selected by Manchester University NHS Foundation Trust as preferred bidder to deliver a geothermal heat solution for a hospital in Wythenshawe near Manchester. Follows a process of five tenders submitted through the Carbon & Energy Fund framework in late 2022. Notes an "innovation partnership" will be created between GT Energy, the trust and the CEF to "provide a framework for the parties to work together through the project development phases". Says further announcements will be made about the details and timeline of the project once the partnership has been formalised.

Current stock price: 15.48 pence, up 4.7%

12-month change: down 46%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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UPDATE 1-Britain awards more shale gas licences

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UK to allow shale gas fracking beneath national parks

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IGAS.L Share News (IGAS)

IN BRIEF: IGas Energy chosen for Manchester NHS geothermal scheme

WINNERS & LOSERS SUMMARY: Sweett Group Soars On Canadian Takeover

Igas Energy Says Production On Track And New Projects Being Developed

AIM oil and gas explorers surge on Yorkshire fracking decision

Britain could see first fracked gas this year after permit approval

AGM, EGM Calendar - Week Ahead

IGas Energy revenue more than halves

IGas Energy Firmly Enters The Red As Revenue More Than Halves

BROKER RATINGS SUMMARY: Jefferies Boosts Berkeley And Barratt To Buy

2nd UPDATE: UK Begins Fracking Push As New Onshore Licences Awarded

UPDATE: UK Begins Fracking Push As New Onshore Licences Are Awarded

UPDATE 1-Britain awards more shale gas licences

UK to allow shale gas fracking beneath national parks

DIRECTOR DEALINGS SUMMARY: IGas CFO Buys Shares After Swing To Loss

DIRECTOR DEALINGS: IGas Energy's New Finance Chief Buys First Shares

IGas Energy Swings To Big Loss As World Oil Price Decline Hits Hard

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IGAS.L Share News (IGAS)

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