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    IN BRIEF: IGas Energy chosen for Manchester NHS geothermal scheme

    May 30, 2023 - Alliance News


      IGas Energy PLC - London-based onshore energy company - Says its geothermal business GT Energy has been selected by Manchester University NHS Foundation Trust as preferred bidder to deliver a geothermal heat solution for a hospital in Wythenshawe near Manchester. Follows a process of five tenders submitted through the Carbon & Energy Fund framework in late 2022. Notes an "innovation partnership" will be created between GT Energy, the trust and the CEF to "provide a framework for the parties to work together through the project development phases". Says further announcements will be made about the details and timeline of the project once the partnership has been formalised.

      Current stock price: 15.48 pence, up 4.7%

      12-month change: down 46%

      By Greg Rosenvinge, Alliance News reporter

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