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EnergyPathways PLC Secures £1.2 Million to Advance Nationally Significant MESH Project

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EnergyPathways PLC Secures £1.2 Million to Advance Nationally Significant MESH Project

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Dial Square Investments PLC ( (GB:EPP) ) just unveiled an announcement.

EnergyPathways PLC has successfully raised approximately £1,238,000 through a placing and subscription, primarily from existing long-term shareholders. The funds will be used to advance pre-development activities for the company’s flagship MESH project, which has been recognized by the UK government as a development of national significance. This project aims to address the inefficiencies in wind power usage and provide low-carbon hydrogen production, synthetic graphite, and large-scale gas storage, thereby strengthening the UK’s energy security and contributing to the green transition. The fundraising effort also reflects growing interest from large-scale clean energy funds and infrastructure investors.

More about Dial Square Investments PLC

EnergyPathways PLC is an energy transition company focused on developing projects that support the shift to sustainable energy solutions. Its primary focus is on projects like the MESH initiative, which involves long-duration energy storage, low-carbon hydrogen production, and synthetic graphite production, aimed at enhancing the UK’s energy security and contributing to the green transition.

Average Trading Volume: 6,823,427

Technical Sentiment Signal: Strong Buy

See more data about EPP stock on TipRanks’ Stock Analysis page.

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