Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  ITM Power Plc    ITM   GB00B0130H42

ITM POWER PLC

(ITM)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

ITM Power: Gigastack Project's Phase Two Receives GBP7.5 Million Funding

share with twitter share with LinkedIn share with facebook
share via e-mail
02/18/2020 | 03:49am EDT

By Anthony O. Goriainoff

 

ITM Power PLC said Tuesday that 7.5 million pounds ($9.8 million) of funding has been awarded for phase two of the Gigastack renewable hydrogen project as part of the U.K.'s Department for Business, Energy and Industrial Strategy hydrogen supply competition.

The London-listed energy storage and clean fuel company said the project--which includes Orsted, Phillips 66 Ltd. and Element Energy--aims to show how renewable hydrogen derived from offshore wind can support the U.K.'s 2050 net-zero greenhouse-gas emission target.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

Stocks mentioned in the article
ChangeLast1st jan.
ITM POWER PLC -5.26% 117 Delayed Quote.64.56%
LINDE PLC -3.93% 167.34 Delayed Quote.-21.40%
ORSTED A/S -3.76% 659.6 Delayed Quote.-0.52%
PHILLIPS 66 -3.81% 52.32 Delayed Quote.-53.04%
PHILLIPS 66 PARTNERS LP -7.55% 34.03 Delayed Quote.-44.79%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ITM POWER PLC
03/03ITM POWER : Appointment of Non-Executive Director
PU
03/03ITM POWER : Thüga Group's Power-to-Gas plant officially commissioned and operati..
PU
02/18ITM POWER : Gigastack Project's Phase Two Receives GBP7.5 Million Funding
DJ
02/18ITM POWER : Gigastack Phase 2 Funding
PU
02/18ITM POWER : Industrial scale renewable hydrogen project advances to next phase
PU
01/30ITM POWER : Block Listing Application and TVR
PU
01/28ITM POWER : loss widens amid venture hopes
AQ
01/27ITM POWER : Half Year Results for the Period ended 31 October 2019
PU
01/22ITM POWER PLC : half-yearly earnings release
01/02ITM POWER : HyDeploy in Full Operation
PU
More news
Financials (GBP)
Sales 2020 6,81 M
EBIT 2020 -17,8 M
Net income 2020 -17,7 M
Finance 2020 42,9 M
Yield 2020 -
P/E ratio 2020 -26,2x
P/E ratio 2021 -48,1x
EV / Sales2020 74,9x
EV / Sales2021 29,3x
Capitalization 553 M
Chart ITM POWER PLC
Duration : Period :
ITM Power Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ITM POWER PLC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Average target price 109,67  GBp
Last Close Price 117,00  GBp
Spread / Highest target 2,56%
Spread / Average Target -6,27%
Spread / Lowest Target -11,1%
EPS Revisions
Managers
NameTitle
Graham Cooley Chief Executive Officer & Executive Director
Roger Bridgland Bone No-Executive Chairman
Andrew Charles Allen Finance Director & Executive Director
Simon Bourne Executive Director & Chief Technology Officer
Rachel Louise Smith Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ITM POWER PLC64.56%687
RENEWABLE ENERGY GROUP, INC.-32.17%713
GLOBAL GREEN CHEMICALS PCL--.--%171
GREEN PLAINS INC.-68.37%171
PINNACLE RENEWABLE ENERGY INC.-37.21%134
DEINOVE2.75%15