PowerHouse Energy Group (PHE); reports ongoing commercialisation of DMG® process

PowerHouse Energy Group


Market Cap£124m

Last Close 3.5p

Powerhouse Energy has developed an innovative process that generates hydrogen and electricity for the distributed grid from non-recyclable plastic and used tyres. It benefits from rising demand globally for hydrogen and diverts material from landfill.

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Investment summary

On 14 July Powerhouse’s shareholders approved the proposed acquisition of former development partner Waste2Tricity (W2T). This clears the way for Peel Environmental to lead the engagement with all potential end-customers in the UK seeking to deploy Powerhouse’s distributed modular generation (DMG) technology as well as developing DMG plants on its own sites. Peel is targeting the development of at least 30 DMG plants across the UK, each of which will potentially generate £0.5m in annual licence fees for Powerhouse.

Content on PowerHouse Energy Group
Powerhouse Energy Group – Opening the door to a pipeline of projects
Industrials | research Flash note | 15 July 2020
PowerHouse Energy Group (PHE); reports ongoing commercialisation of DMG® process
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Balance sheet
Forecast net debt (US$m) 0
Forecast gearing ratio (%) 0
Price performance
Actual (11.4) 141.4 669.2
Relative* (12.8) 130.0 788.2
52-week high/low 4.4p/0.3p
*% relative to local index
Key management
David Ryan CEO