CPH2

Clean Power Hydrogen PLC

Energy First-pass screen £55m

390/1000 Overall fit

AI beneficiary 35% 48

Operating leverage 25% 40

Valuation 25% 30

Downside protection 15% 30

First-pass take

Pre-revenue electrolyser manufacturer with proven technology (MFE110 FAT complete) but material going concern uncertainty. Green hydrogen market expanding (£6.4bn→£84bn by 2029) with AI-driven data centre energy demand cited as growth driver; current pipeline focuses on utilities/industrial. Licensing model offers capital-light scaling. No valuation metrics disclosed.

Flags

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