50-50 project ownership is an incredible result for PRL. a massive improvement from our previous MoU agreement
'As per the MoU terms, Total Eren will fund and own 100% of the renewable energy project, and 50% of the hydrogen production project, with PRL funding and owning the other 50%.'
The current agreement is for 50-50 ownership in upstream and downstream assets!
well done to the PRL board for reaching this fantastic result for shareholders and congratulations to all holders
GO PRL !!
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Ann: Binding Terms with Total Eren to Develop HyEnergy Project, page-26
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