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H2G Green Limited ( (SG:5AI) ) has provided an announcement.
H2G Green Limited’s subsidiary, GasHubUnited Utility Private Limited, has signed two memoranda of understanding to enhance LNG power generation in the Philippines. The first MOU involves converting a diesel-fueled power barge to a natural gas-fueled one with Primelectric Holdings, while the second MOU is with MabuhayPower Holdings Corporation for a new 300MW LNG power plant. These agreements aim to strengthen GasHub’s position in the sustainable energy sector and expand its influence in the Southeast Asian market.
More about H2G Green Limited
H2G Green Limited is a leader in sustainable energy solutions, focusing on providing innovative energy services. The company operates through its subsidiary, GasHubUnited Utility Private Limited, which specializes in liquefied natural gas (LNG) solutions and related technical expertise.
Technical Sentiment Signal: Sell
Current Market Cap: S$11.64M
For a thorough assessment of 5AI stock, go to TipRanks’ Stock Analysis page.