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6.25% 9.0¢ redflow limited

Looks like we were selected by the California Energy Commission...

  1. tassb
    107 Posts.
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    19/06/24
    11:28
    Post #: 74386462
    Looks like we were selected by the California Energy Commission for the Barona project:

    https://www.utilitydive.com/news/california-cec-long-duration-energy-storage-redflow-noon-redoxblox/719264/?utm_source=dlvr.it&utm_medium=linkedin

    Press release (from 6 Feb 2024) stating we were preferred technology:

    https://announcements.asx.com.au/asxpdf/20240206/pdf/06044ht4gt9wb7.pdf

    Previous Redflow announcement mentioning revenue:Redflow expects its revenue on this project on to be approximately $5 million in FY26

    https://hotcopper.com.au/threads/ann-quarterly-activities-appendix-4c-cash-flow-report.7975710/
    Last edited by tassb: Wednesday, 11:29
    RFX Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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