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La Francaise de l’Energie ( (FR:FDE) ) has shared an update.
La Française de l’Énergie (FDE) has signed a strategic multi-million euro contract for the supply of electrolyzers for its 20 MW renewable hydrogen production project in Norway, marking a significant step in its low-carbon hydrogen strategy. This project, benefiting from financial support and aiming to expand capacity by 2027, strengthens FDE’s leadership in the European low-carbon energy market, aligning with its goals for significant revenue growth and substantial CO2 emissions reduction by 2030.
More about La Francaise de l’Energie
La Française de l’Énergie (FDE) is an independent multi-energy producer focused on achieving Net Zero. The company specializes in short circuits and the circular economy, leveraging its expertise from engineering to energy production and CO2 storage to provide solutions that reduce carbon footprints and enhance ecosystem resilience.
YTD Price Performance: -4.65%
Average Trading Volume: 41
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €111.8M
See more insights into FDE stock on TipRanks’ Stock Analysis page.