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Wednesday, 10 January 2018

McPhy Energy unveils a new clean mobility contract with ENGIE in France

McPhy Energy    

Published: 17:45 CET 10-01-2018 /GlobeNewswire /Source: McPhy Energy / : MCPHY /ISIN: FR0011742329


 Press release

McPhy unveils a new clean mobility contract with ENGIE in France

  • New milestone in McPhy's expansion: Ninth hydrogen station in France, representing a daily potential of 17,000 zero-emission km to help improve air quality

 

Paris, January 10, 2018 - McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) a specialist in hydrogen production, storage and distribution equipment, is today announcing that it has been selected by  ENGIE for a new McFilling hydrogen station.

 

Pascal Mauberger, McPhy's Chairman and Chief Executive Officer, commented: "This landmark clean mobility deal represents another step forward in our expansion, since this ninth station in France will help to consolidate our position as a leading player in this fast-growing market. What's more, it is another success for our McFilling stations, which have established a reputation for their reliability and robustness. These hydrogen stations have been successfully rolled out in France and also internationally, including in Singapore and in the United Kingdom. We expect 2018 to bring a rich vein of new contracts for the filling stations, which are making large-scale clean hydrogen solutions a realistic proposition that can help rise to the colossal challenges raised by climate change and the imperative of embracing carbon-free energy."

Fill up on clean energy in less than 5 minutes

This new McFilling station will enable the technicians of ENGIE Cofély to refuel the hydrogen-powered vehicles kitted out by Symbio in less than 5 minutes, doubling their range with zero pollution (no particles, no CO2, no NOx, no noise).

The nine McFilling stations already or now being installed in France represent a daily potential of 17,000 zero-emission km.

Clean mobility represents one of McPhy's three key areas of expansion

Transport accounts for 30% of energy consumption and is responsible for 40% of CO2 emissions in France[1].

As a result, using hydrogen helps to reduce the carbon footprint of last-mile logistics and to improve air quality in the urban environment.

Hydrogen definitely has a crucial role to play as an alternative clean fuel in the success of the energy transition and the shift towards a low carbon-intensive society in France. Hydrogen has become a genuine area of excellence. McPhy continues to develop its range of 350- and 700-bar high-capacity filling stations to meet the growing needs of the market and to support its customers with the large-scale roll-out of clean energy solutions.

 

 

 

About McPhy 

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.

As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company's international subsidiaries ensure a global sales coverage of McPhy's innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

 

Press relations

NewCap

Nicolas Merigeau

Tel.: +33 (0)1 44 71 94 98

mcphy@newcap.eu

 

 

Investor relations

NewCap

Julie Coulot | Emmanuel Huynh

Tel.: +33 (0)1 44 71 20 40

mcphy@newcap.eu

Follows us at 

 

@McPhyEnergy            

 



[1] Source: Afhypac report entitled "L'hydrogène accélère en 2017" [Hydrogen gains pace in 2017]



MCPHY_ENGIE_Contract_10012108



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: McPhy Energy, Z.A. Quartier Riétière, La Motte-Fanjas 26190, France
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