Here are Lucas’s comments on the “milestone payment” received by Metacon ![]()
Metacon announced on Friday that it has received a 2.6 MEUR (approx. 28 MSEK) milestone payment from Motor Oil Hellas for the ongoing 50 MW electrolysis project in Greece. While the payment supports short-term liquidity, it was already factored into our cash sufficiency assumptions. Therefore, it does not change our forecasts, but it reinforces our positive view of the company’s ability to execute projects.