ITM Power

ITM Power expects an EBITDA loss of £20–21m for fiscal 2026, an improvement of about 27% versus the previous forecast. Its subsidiary Hydropulse has signed a heads‑of‑terms agreement with a European oil refinery to produce green hydrogen with 150 MW of capacity and a targeted duration of ten years. The parties are working on a FEED study; a final investment decision is planned for 2027, and with binding contracts this would be ITM Power’s largest commercial commitment to date. » More on deraktionaer.de

ITM Power has entered a strategic partnership with Protium Green Solutions to advance the development, financing and operation of industrial electrolyser plants across the UK. The initial focus is the Cromarty project in Scotland, acquired by Protium, with a planned capacity of 15 megawatts. Financial details were not disclosed, but the cooperation strengthens ITM Power's chances of delivering larger UK projects in the medium to long term. » More on deraktionaer.de

ITM Power rose to a new year high on the London market as the stock will be included in the MSCI UK Small Cap index from 29 May, forcing passive funds to build positions. The inclusion and a government support package of £46.5 million for an automated production line in Sheffield are driving demand. Operationally, ITM Power expects 2026 revenue of £40–43 million with an order book of £152 million, but recently reported a pre-tax loss of £45.4 million. The final investment decision for the production line is due in June and is seen as the next key test for the valuation. » More on finanzen.net