Nel ASA: EU awards funding for large scale hydrogen bus project
(Oslo, 27 September 2018) Nel ASA (OSE: NEL) announced today that the H2BusEurope project has been selected by the Connecting Europe Facility program (CEF) for a proposed award on close to EUR 40 million for the deployment of a fleet of fuel cell buses and supporting infrastructure. "We are extremely pleased that the CEF program has selected our project for a proposed award of EUR 40 million. Hydrogen buses are ready for large scale deployment in Europe, and this project is a significant stepping stone in reducing the total cost of ownership of hydrogen buses towards a level close to