The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

IGas celebrates as geothermal business, GT Energy, inks NHS contract

Mon, 12th Jun 2023 10:13

(Alliance News) - IGas Energy PLC on Monday said that its geothermal business, GT Energy, has been selected by Salisbury NHS Foundation Trust to deliver a geothermal heat solution.

The London-based onshore energy company has been chosen as preferred contractor through the Carbon and Energy Fund Framework, which is designed to fund, facilitate and project manage complex energy infrastructure upgrades for the NHS and wider public sector.

Under the contract, GT Energy will deliver a geothermal heat plant for the supply of renewable heat to the hospital on a long-term basis.

The firm expects heat supply to begin in early 2026, subject to normal planning, regulatory permitting and procurement cycles.

IGas Energy shares were trading 2.2% higher at 16.10 pence each in London on Monday morning.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
14 Jun 2023 09:15

IN BRIEF: IGas Energy "delighted" to maintain production momentum

IGas Energy PLC - London-based onshore energy company - Says production remains in line with guidance at 2,000 barrels of oil equivalent per day. Says...

12 Jun 2023 12:42

IGas Energy subsidiary wins contract with Salisbury NHS trust

(Sharecast News) - IGas Energy announced on Monday that its geothermal subsidiary GT Energy has secured a significant contract with the Salisbury NHS ...

8 Jun 2023 12:52

IN BRIEF: IGas Energy appoints interim chair Chris Hopkinson as CEO

IGas Energy PLC - London-based onshore energy company - Appoints Chris Hopkinson as chief executive officer. Hopkinson first joined IGas in January la...

7 Jun 2023 15:47

UK shareholder meetings calendar - next 7 days

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.