🟢 ITM Power Plc is trading 4% up today after announcing a strategic partnership with Protium

ITM Power Plc is trading 4% up today at £191.75 after announcing a significant new partnership that is driving investor optimism.

• The company has entered a strategic partnership with Protium Green Solutions Ltd to develop, invest in, and operate industrial-scale green hydrogen production plants across the UK.
• The initial focus will be on the Cromarty Project in Scotland, which will have a 15 MW electrolyser capacity producing approximately 7 tonnes of green hydrogen daily.
• This collaboration establishes a framework for the companies to work on a range of future UK projects, potentially including ITM Power's build-own-operate subsidiary, Hydropulse.