Linde Announces Investment In ITM Power Plc - Quick Facts
(RTTNews) - Linde (LDE.L, LNAGF.PK), an industrial gases and engineering company, has acquired a minority stake in ITM Power plc, a manufacturer of integrated hydrogen energy solutions. The transaction was completed on October 22. Linde will also form a joint venture with ITM Power to implement projects based on ITM Power's technology.
Christian Bruch, CEO Linde Engineering, said: "This investment reflects Linde's ongoing focus to deliver sustainable solutions while helping to make our customers more successful. The joint venture is an excellent opportunity to combine Linde's world-class engineering capabilities with ITM Power's electrolysis technology."
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