IN BRIEF: EnergyPathways draws down GBP1 million for MESH project

EnergyPathways PLC - Worthing, UK-based energy transition company - Draws down a second tranche worth GBP1.0 million under an existing GBP15 million financing deal. EnergyPathways says the proceeds of the drawdown "will be deployed to facilitate the next phases of the work commitments agreed with the [North Sea Transition Authority] for the company's Marram Energy Storage Hub project". The MESH project is "designed to capture and store curtailed offshore wind power in offshore salt caverns as compressed air", says EnergyPathways, reducing carbon emissions in the country.

Current stock price: 8.70 pence

12-month change: up 63%

By John Robaina, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

EnergyPathways