Ceres Power raises £103M from share sale
What's the deal? Ceres Power, the UK-based solid oxide fuel cell technology company, has raised £103M through a share sale.
Why now? The fundraise comes as clean energy technology companies continue to tap capital markets to fund development and commercialisation of next-generation energy solutions. Ceres Power has been scaling its fuel cell and electrolyser technology through licensing partnerships with major industrial players.
The signal: Ceres Power's £103 million raise underscores that institutional investors are still willing to back capital-intensive clean energy hardware plays, even amid a more cautious public market environment. With solid oxide technology applicable to both fuel cells and green hydrogen electrolysis, the company straddles two of the energy transition's most heavily funded verticals — positioning it well as governments across Europe and Asia ramp up hydrogen strategies.
Read more: MarketScreener
