From spin out to recalibration: inside Cavendish Hydrogen’s first year
When Cavendish Hydrogen debuted on the Oslo Stock Exchange last June, the Nel Hydrogen spin-out entered the refuelling market with considerable promise and expectations.
Building on the Norwegian electrolysr company’s longstanding experience, Cavendish began with a “solid starting point with lots of relevant experience and a diverse and strong customer base,” according to Nel CEO, Håkon Volldal.
“I am convinced they can succeed, and I wish them the best of luck,” the CEO said last year.
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