PROJECT HAVELSTOFF SECURES THE SALE OF 4’000 TONS OF GREEN HYDROGEN PER YEAR, VIA LETTER OF INTENT SIGNED BY PLAGAZI AB (PUBL) AND WIRTZ ENERGIE + MINERALÖL GMBH.
Plagazi AB (publ) (“Plagazi” or the “Company”) has signed a letter of intent (“LOI”) together with WIRTZ Energie + Mineralöl GmbH (“Wirtz”) with the intent to form a long-term offtake agreement of 4’000 tons of green hydrogen, and potentially for e-fuels, produced in Plagazi’s German flagship project “Havelstoff” located in Brandenburg and run together with Neue Energien Premnitz. The estimated amount of hydrogen that Wirtz will source, covers the yearly production of one Plagazi HE-2000 unit and the parties have agreed upon a market competitive price per kilogram of H2.Wirtz is a regional