Peel Hunt is delighted to have acted as Joint Bookrunner, Joint Corporate Broker and Nominated Advisor to AFC Energy Plc on its successful £23m capital raise to fund their new strategy.
AFC Energy is a leading provider of hydrogen power generation technologies. The raise will allow commercialisation of its cutting-edge Hy-5 ammonia cracker units and low-cost fuel cell generators, reducing production costs by ~85%, while focusing on near-term value generating projects and operational efficiency.
The Peel Hunt team for AFC Energy Plc
Energy & Natural Resources Investment Banking – Richard Crichton, Georgia Langoulant, Emily Bhasin, Martha Dunlop
Equity Capital Markets – Sohail Akbar, Nicolas Wilks, Ambika Bose
“We are delighted to have supported AFC Energy's new management team at this exciting time - helping them implement their renewed strategy to deliver a commercially viable, zero-emission alternative to diesel generators at scale.”
