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Fabrum open to listing to keep up with hydrogen demand

Brent Melville
Fri, 17 Jun 2022

Fabrum open to listing to keep up with hydrogen demand
Keeping up, Emirates Team NZ hydrogen powered chase boats. (Image: ETNZ)
Brent Melville
Fri, 17 Jun 2022
Fabrum Solutions, the company responsible for the fuel system used by Team New Zealand’s hydrogen-powered chase boats, might look at an initial public offering (IPO) as it seeks to fund its fast-track, global growth. Chris Boyle, a co-founder of the engineering and cleantech company, said the Christchurch-based firm was pursuing a capital raise of “tens of millions” and said it wouldn’t discount a public listing as it faced up to mounting global demand for green hydrogen-based power systems.News of the capital raise...

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