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Victory Clean Energy (OTC PINK: VYEY), a leader in green hydrogen energy, has engaged McCarvill Capital Partners (MCP) to assist in raising equity capital. This partnership aims to accelerate the commercialization of Victory's TrueGreen Hydrogen™ technology, positioning the company at the forefront of the clean energy transition. MCP specializes in raising capital for alternative investments, including energy and infrastructure sectors, and currently represents companies targeting a combined $5 billion. Victory's CEO, Jim McGinley, expressed confidence that MCP's expertise will be important in securing the necessary capital to bring their innovative technology to market.
Victory Clean Energy (OTC PINK:VYEY) has rescheduled its investor call from August 7, 2024, to August 13, 2024, at 12:00 p.m. EDT / 9:00 a.m. PDT. This delay is to allow additional time to finalize the Proton Power transaction. The company, a leader in green hydrogen energy innovation, will host a webcast to discuss the acquisition and technology in detail.
Investors can participate in the call by registering through the provided link. The webcast will be available live and as an archived replay in the Investor Relations section of Victory's website. Dial-in options are also available for those who prefer phone access.
This rescheduling demonstrates Victory's commitment to ensuring all details of the Proton Power transaction are properly finalized before presenting to investors, potentially indicating the significance of this acquisition for the company's future in the clean energy sector.
Victory Clean Energy, a leader in the green hydrogen energy sector, announces its subsidiary H2 Energy Group's participation in the Advanced Clean Technology Expo and Best Ideas Dinner. H2EG will showcase TrueGreen Hydrogen™ production solutions at the expo and present at the dinner. CEO Jim McGinley highlights the company's low-cost hydrogen production and upcoming industry events.
Hyliion Holdings Corp. and Victory Clean Energy Inc. have signed a non-binding letter of intent for Victory to purchase up to 10 KARNO generators from Hyliion to be deployed in H2 Energy Group's hydrogen production facilities. The generators will produce electricity using hydrogen-rich syngas derived from renewable biomass, with the first five units expected to be received in the second half of 2025. Each generator is capable of producing 200 kW, with a total capacity of 1MW. H2EG plans to purchase an additional five generators if the initial units are successful. The partnership aims to advance global sustainability efforts by leveraging green hydrogen production.
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