ITM Power plc (LON:ITM) has inked a deal with car giant Hyundai Motor UK to supply it with hydrogen fuel.
The contract, at a price of £10 per kg, is for fuel dispensed across ITM's hydrogen refuelling network to refuel Hyundai's iX35 fuel cell fleet.
This is the fifth fuel supply contract the group has signed and Hyundai now joins Toyota, Commercial Group, Arcola Energy and Arval as its fuel customers.
Chief executive Dr Graham Cooley said: "We are extremely pleased to be working with Hyundai Motor UK in providing clean fuel for the operation of their fuel cell electric vehicles and promoting clean emission motoring without compromise to their customers.
"We look forward to further supporting their refuelling requirements as our hydrogen refuelling station network expands throughout the UK."
ITM Power currently has £16.85mln of projects under contract and a further £4.15mln in the final stages of negotiation, making a total of £21.0mln - subject to exchange rate variation.