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BRIEF-Nel: Contract for hydrogen production, fueling stations in Iceland
February 14, 2017 / 6:51 AM / 10 months ago

BRIEF-Nel: Contract for hydrogen production, fueling stations in Iceland

Feb 14 (Reuters) - Nel ASA:

* Has been awarded contract by Icelandic Hydrogen for three H2Station hydrogen fueling stations and NEL C-series electrolyser

* Contract has total value of more than 4 million euros ($4.25 million)

* Target is to start shipping equipment towards the end of 2017 and install during 2018

* Icelandic Hydrogen is newly established joint venture between Icelandic oil retail company Skeljungur HF (90 pct) and Nel ASA (10 pct)

* Purpose of JV is to establish network of hydrogen fueling stations and renewable hydrogen production in Iceland Source text for Eikon:

Further company coverage: ($1 = 0.9418 euros) (Gdynia Newsroom)

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