Report
Mahaut Arnaud ...
  • Paul de Froment
  • Thomas Mordelle

Nel: USD29m additional ITC for Michigan expansion

Yesterday, Nel announced it has been awarded additional support under the IRA 48C programme, managed by the US DoE, the US DoT and the IRS, regarding its 4GW electrolyser production plant project in Michigan. Based on this, up to USD29m in additional investment tax credit (ITC) will conditionally b
Underlying
NEL ASA

NEL ASA develops diagnostic tests for early detection of diseases. Co.'s patented method is based on identifying disease-specific gene expression signatures from sample materials, such as blood. Co.'s products in development phase include MCItect, for patients with Mild Cognitive Impairment (MCI) aimed to detect Alzheimer disease within two years prior to onset of dementia, and ADtect, for the detection of mild to moderate Alzheimer disease, as well as one project in discovery phase, namely AMYtect, for brain amyloid detection.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Mahaut Arnaud

Paul de Froment

Thomas Mordelle

Other Reports on these Companies
Other Reports from Bryan Garnier

ResearchPool Subscriptions

Get the most out of your insights

Get in touch