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15 Nov
17:08

TECO 2030, SunHydrogen mull combination potential after strategic investment

Norwegian fuel cell start-up TECO 2030 plans to bolster its international visibility, particularly in the US, with a strategic partnership with SunHydrogen, Kallanish reports. The US-based firm invested NOK 100 million ($10m) in TECO 2030 and will gain one seat at its board of directors. As part of the strategic investment, the parties agree to further regulate their intention to pursue a potential business combination through which an up-listing of the investor o…
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