Hydrogenone Capital Growth Plc (GB:HGEN) has released an update.
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HydrogenOne Capital Growth Plc faces uncertainty as its investment in German green hydrogen developer HH2E is at risk, following unsuccessful attempts to secure necessary funding. HH2E, now likely to enter administration, has received approximately £1 million in shareholder loans from HydrogenOne. This development could impact HydrogenOne’s financial standing, with HH2E representing 8% of the company’s NAV.
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