Hydrogenone Capital Growth Plc (GB:HGEN) has released an update.
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HydrogenOne Capital Growth PLC, a pioneer in clean hydrogen investment, has streamlined its portfolio company HH2E AG to bolster its position ahead of significant external funding rounds. This restructure includes a non-cash exchange of investment rights for equity in HH2E, simplifying its corporate structure, and an equity increase in the promising Lubmin green hydrogen project. The moves are expected to enhance HydrogenOne’s valuation of HH2E as it advances in developing large-scale green hydrogen production in Europe.
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