RE: RNS17 Aug 2023 07:04
David Palumbo, EQTEC CEO, commented:
"We are pleased to be working with Idex on this second project together, which is of particular importance to us as our France MDC. We appreciate the impetus Idex has shown through its agreement of an ambitious schedule toward completion of design and progression toward construction start by early 2024. This third MDC for EQTEC and second project in partnership with Idex together indicate growing demand from innovative, blue-chip partners and funders to build and operate new energy infrastructure powered by EQTEC to futureproof their operations."
Stephane Guillet, Idex Director of New Energy Vectors, commented:
"We are looking forward to completing all the engineering and developing work required at Grand-Combe by year end so that we may progress to procurement and construction early in 2024. Our team is very familiar with the project's potential and the local market dynamics, and we believe with our expertise and resources we will be able to operate another successful plant that will be a reference for this type of new energy infrastructure in France.
Idex is willing to grow its footprint in this domain and has selected EQTEC technology to do so. We are delighted to cooperate with EQTEC, where EQTEC technology enables Idex to propose attractive commercial terms to our customers, paving the way for future developments to grow.
Idex is today the only vertically integrated market operator across the entire energy value chain. We engage in energy production from local and carbon-free energy resources, energy distribution through heating and cooling networks and up to energy optimisation of its final use in industrial, residential and tertiary buildings."
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