Sept 16 (Reuters) - ENGIE SA ENGIE.PA :
- REACHED AN IMPORTANT MILESTONE IN THE AUSTRALIAN RENEWABLE HYDROGEN PROJECT WITH YARA
- ENTERED INTO AN AGREEMENT WITH MITSUI & CO., LTD. WHEREBY MITSUI AGREED TO ACQUIRE 28% OF THE SHARES OF THE YURI PROJECT JOINT VENTURE
- ENGIE AND MITSUI INTEND TO EXPLOIT THE YURI PROJECT THROUGH THIS JOINT VENTURE
- CONSTRUCTION IS DUE TO START IN NOVEMBER 2022 THANKS TO A CONSORTIUM COMPOSED OF TECHNIP ENERGIES AND MONFORD GROUP
- FIRST PHASE OF THE YURI PROJECT, WHICH SHOULD BE COMPLETED IN 2024, WILL PRODUCE UP TO 640 TONNES OF RENEWABLE HYDROGEN PER YEAR
