ITM Power currently has £12.91m of projects under contract and a further £2.80m of contracts in the final stages of negotiation. This reflects the successful conclusion of a number of negotiations. In March 2015, the Company received £4.9m as a strategic investment from JCB.
ITM Power is pleased to announce the appointment of Mr. Robert Pendlebury as a non-executive director of the Company. Bob joins the board with immediate effect and will represent J.C.B. Research, a significant shareholder in ITM Power.