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Oct 15 2021, 14:50 IST/BST
ITM Power
Powering ahead
DAVY VIEW
The £250m equity raise announced further separates ITM from its peer group and enables a ramp up in production capacity. The business looks overcapitalized in the near term, but the benefit of doing the raise now is that it wisely removes any risk of market volatility impacting access to capital in the future.
