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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ceramic Fuel | LSE:CFU | London | Ordinary Share | AU000000CFU6 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.22 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Feb 2020 to Feb 2025
TIDMCFU
RNS Number : 3707B
Ceramic Fuel Cells Limited
06 January 2015
6 January 2015
Conditions precedent for iPower BlueGEN programme completed
On 17 November 2014, Ceramic Fuel Cells Limited (ASX/AIM: CFU) announced the commencement of the first fully funded BlueGEN programme, where its BlueGEN unit is installed at no cost to the end user. CFU is pleased to announce that the conditions precedent that were required to be met for iPower to draw down funds from a third party funder have now been fulfilled and CFU has received the GBP350,000 (A$636,000) deposit.
CFU advises that the first installation under the iPower contract is expected to take place this month. Under the terms of the agreement with iPower, 55 units are to be installed by 30 June with the remainder by 30 September.
As previously announced, the 100kW fleet will be installed primarily in public sector buildings. End users pay for the costs of gas and maintenance and receive the benefits of the electricity generated by the BlueGEN units and the heat which is recovered for hot water.
- END-
For further information please contact:
Ceramic Fuel Cells Limited
Bob Kennett (UK) Tel. : +44 (0) 7764 200 661
Email : investor@cfcl.com.au
Clifford Ashby (Australia) Tel. : +61 (0) 3 9554 2300
Email : investor@cfcl.com.au
Arden Partners Plc (AIM Nomad)
Steve Douglas Tel. : +44 (0) 121 423 8900
Michael McNeilly
About Ceramic Fuel Cells Limited:
Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells Limited has sold its BlueGEN gas-to-electricity generator to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Belgium, France, Italy, Poland, South Korea, Japan, Australia, and the USA. Ceramic Fuel Cells Limited is also developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany.
The company is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).
www.cfcl.com.au
This information is provided by RNS
The company news service from the London Stock Exchange
END
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