HydrogenPro ASA: Secures strategic NOK 82.7 million investment from ANDRITZ AG [Yahoo! Finance]
ANDRITZ AG UNSP/ADR (ADRZY)
NASDAQ:AMEX Investor Relations:
andritz.com/group-en/investors
Company Research
Source: Yahoo! Finance
million in new equity through a private placement of new shares towards ANDRITZ AG, an international technology group listed on the Vienna stock exchange and one of the leading companies within green hydrogen plants and solutions. HydrogenPro embarked on a new trajectory in August last year, aligning its operations with a strategic vision that emphasized two key thrusts, led by the CEO Jarle Dragvik : i) expanding its presence in the United States , and ii) seeking strategic partnerships and alternative funding sources. The company is now continuing to deliver on these goals. First by establishing a sales organization in the US, and now by this strategic investment made by the strategic partner Andritz. Jarle Dragvik , CEO of HydrogenPro, comments: "We are delighted to strengthen the ANDRITZ partnership as we continue to execute on our vision of delivering sustainable hydrogen solutions globally. They bring valuable industrial expertise as one of the leading actors within green hy
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