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Hydrogenone Capital Growth Plc ( (GB:HGEN) ) has provided an update.
HydrogenOne Capital Growth Plc announced that its investment adviser, HydrogenOne Capital LLP, has entered into an agreement to be acquired by Cordiant Capital Inc, a specialist in global infrastructure and real assets management. This transaction is anticipated to enhance HydrogenOne’s market access and capabilities while retaining its current management structure, aiming to deliver growth and increase shareholder value. The acquisition aligns with Cordiant’s strategic focus on energy transition infrastructure, bringing together expertise from both companies to potentially accelerate the development of hydrogen infrastructure and expand market opportunities.
More about Hydrogenone Capital Growth Plc
HydrogenOne Capital Growth Plc is the first London-listed fund focused on investing in clean hydrogen for a positive environmental impact. The company is involved in advising and managing portfolios aimed at maximizing shareholder value through growth in the hydrogen sector, a market poised for significant expansion due to innovation, technological advancements, and climate imperatives.
YTD Price Performance: -52.37%
Average Trading Volume: 319,382
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on HGEN stock on TipRanks’ Stock Analysis page.
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