Loading…
Loading…
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF), the clean energy technology developer, is retaining an approximate 37% stake in RFC Power after the manganese flow battery company raised £10 million in a Series A funding round. The company has provided an update on its ownership of RFC Power.
Ceres Power Holdings plc is rated Buy, offering potentially 46% upside, driven by its asset-light licensing model and exposure to the surging AI data center power market. CPWHF targets breakeven in 2026, with royalty revenues expected to scale from 2027 as manufacturing partners ramp up production. Major industrial partners in South Korea, Taiwan, and China are investing heavily, validating Ceres' technology and supporting its transition to high-margin recurring royalties.
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) shares fell 2.4% to 595p after the clean energy technology group raised almost £103 million from investors in...
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) shares fell 2.4% to 595p after the clean energy technology group raised almost £103 million from investors in a combined institutional placing and retail share offer. The hydrogen and fuel cell technology developer has secured enough demand to issue 18 million new shares at 570p each, a 6.5% discount to the previous day's close.
Panmure Liberum has downgraded Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) from 'buy' to 'sell', arguing that the fuel cell technology company's...
Panmure Liberum has downgraded Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) from 'buy' to 'sell', arguing that the fuel cell technology company's extraordinary share price rally has outrun the realities of commercial scale-up, sending the shares down 5% to 689p. The broker raised its price target to 590p from 475p but said the stock, which has risen 244% year to date and 8x over the past 12 months to reach a market cap of £1.4 billion, now prices in manufacturing capacity growth that is unlikely to materialise at the pace the market assumes.
Shares in Iofina PLC (AIM:IOF, OTC:IOFNF) jumped 6% to 44.9p after it signed an agreement with a new brine water supplier that it expects to increase annual...
Shares in Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF), the clean energy technology group, jumped 17% to 779.3p on Friday after UBS raised its price target to 970p from 570p, citing a dramatic increase in expected royalty income from manufacturing partners. The investment bank, which reiterated its buy rating, said it had increased its forecast for cumulative solid oxide fuel cell (SOFC) shipments by 60% to 1.8 gigawatts by 2030, delivering royalties of more than £100 million that year alone.
No recent filings indexed.