AIM-listed EnergyPathways, an integrated energy transition company, has announced its unaudited results for the six months ended 30 June 2026.
Period Highlights:
- Offer of Gas Storage Licence GSL009 made by NSTA and formally accepted by the Company; licence covers storage of natural gas and hydrogen
- Front End Engineering & Design ("FEED") commenced for the LDES project
- Agreement with Associated British Ports (ABP) to evaluate ABP's Port at Barrow for onshore facilities for the MESH project
- Appointment of Alison Flower as Non-Executive Director and Martyn Millwood Hargrave as Chief Scientific Officer
- Signed £15 million financing agreement comprising £5 million convertible loan and £10 million "At The Market" equity facility
- Active engagement with and encouragement by the UK Government and other key stakeholders to further the maturity of all three projects to FID; LDES, strategic gas & hydrogen storage and hydrogen industries for the production of hydrogen / ammonia and graphite
- Loss for the period £1,952,757 (30 June 2025: loss £607,201; 31 December 2025: loss £1,659,501).
Post period-end:
- Appointment of Jacobs as engineering and regulatory partner
- Intellectual property patent application submitted in relation to the Company's Compressed Air Energy Storage System
- Signed collaboration agreement with Hycamite TCD Technologies Ltd to evaluate high-grade graphite and low-carbon hydrogen production technology
For further information on the Company please visit the Company's website: https://energypathways.uk
Source: EnergyPathways
