Another cleantech spin-off from Molecular Energies

South America-focused oil and gas producer Molecular Energies (LON: MEN) is getting closer to another AIM cleantech spin-off. This follows the previous spin-off Atome Energy (LON: ATOM).

The latest flotation is set to happen in the first quarter of 2024. There is already positive investor feedback. A technology breakthrough could make it an even more attractive investment.

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Atome Energy, which is developing ammonia and hydrogen production projects in Paraguay and Iceland, raised £6m at 80p/share when it joined AIM. The share price reached 136.5p at one point, although it has fallen back ...

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