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Powerhouse Energy expects two more waste-to-power sites to be unveiled soon

The Protos operation, near Ellesmere Port in Cheshire, received planning permission in March

Powerhouse Energy Group PLC -
The Protos operation

Powerhouse Energy Group PLC (LON:PHE) told shareholders at its AGM that it expects partner Peel Group to announce soon the next two sites earmarked for DMG plants.

The AIM-listed group has a deal to provide its DMG technology for 11 sites managed by Peel Environmental that will turn household plastics into power and hydrogen and for Peel to become the exclusive project developer for PowerHouse in the UK.

For its part, Powerhouse can focus on the delivery of its DMG waste-to-hydrogen technology process to be used by Peel.

One site already is moving forward: the Protos operation, near Ellesmere Port in Cheshire, which received planning permission in March this year.

Tim Yeo, Powerhouse's chairman, said the planning applications will be made shortly by Peel for the next two DMG sites.

Quick facts: Powerhouse Energy Group PLC

Price: 2.66 GBX

Market: LSE
Market Cap: £103.65 m

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