RE: TPG have the history in experience in Electrolysers9 Jul 2020 08:14
Kingsmen, they have a number of divisions which work in different sectors. In particular they have been working in defence and have contracts with the MOD. They have been producing gases such as oxygen (byproduct of hydrogen) for 50 years.
They have also an extensive number of high end oil and gas clients which they have been working with for a long time providing heat exchangers. These are manufactured at one of their facilities.
They work in several sectors such as space, defence, oil and gas, AI and renewables. The business streams can operate independently or they can work together, cross function. This does not make them a jack of all trades master of none. It makes them a resilient business with a diverse portfolio of business opportunities.
The electrolyser system they produce is CE marked and as they have been producing these for a number of years (claim is 50) I would expect that they have been established long before ITM