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Home » News » Hydrogen » Pineapple Power Corporation Announces Plan to Acquire Ilios Hydrogen for £33 Million
Hydrogen

Pineapple Power Corporation Announces Plan to Acquire Ilios Hydrogen for £33 Million

By Teri WrightNovember 7, 20232 Mins Read
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Credit: akitada31/Pixabay
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Pineapple Power Corporation PLC, a UK-based special purpose acquisition company (SPAC), has revealed its intention to acquire Ilios Hydrogen Canada Limited, a prominent green hydrogen plant developer located in Canada. The proposed transaction is valued at £33 million (approximately USD 40.6 million or EUR 37.9 million) and is based on a non-binding agreement. Ilios Hydrogen

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