RE: New capital base8 Aug 2024 09:45
Stephen Sanderson UKOG's Chief Executive commented:
"We are most grateful that RWE, a leading global electrical power provider and major player in the UK hydrogen space, has given its support to our projects. Their recognition of the potential benefits our storage could bring to RWE's green hydrogen projects further underscores our project's credentials and the significant impact they could have on the UK's hydrogen economy and energy security.
This LOS together with those from Sumitomo and SGN will help build both our application for government revenue support and provide identified potential strategic investors comfort that the projects can be successfully delivered."