This initiative will transit the Rolls-Royce Seletar Campus from compressed natural gas (CNG) to LNG and is expected to deliver greater operational efficiency and cost savings.
H2G Green also announced today that the long-stop date for the satisfaction of conditions for the acquisition of shares in TTJ Greenfuel has been extended from June 30 to July 31.
This is the fourth supplemental agreement to further the long-stop date. The sale and purchase agreement between H2G Green’s 50.10% owned subsidiary called Green Energy Investment Holdings and TTJ Holdings was first initiated on Aug 15, 2023.
Shares in H2G Green closed 0.1 cent lower or 12.5% down at 0.7 cents on June 27.