January 2017
  • £5.7m Working Capital Fundraise and Interim Results

    26th January 2017
    ITM Power announce a successful placing to raise £5.7 million and its interim results for the six-month period ended 31 October 2016. The Group has recognised total revenue and grant funding of £2.97m in the period and currently has £16.98m of projects under contract with a further £1.37m of contracts in the later stages of negotiation, making a total pipeline of £18.35m. In the 2016 calendar year, orders have totalled £15.68m, representing an increase of 100% year on year.
  • Euro 0.7 million Electrolyser Sale

    11th January 2017
    ITM Power announce the sale of a Euro 0.7 million electrolyser system to a global specialty gas company by competitive tender.