Nel ASA: Nel realigns relationship with Nikola and will support Fortescue on its 80 MW Phoenix Hydrogen Hub

OSLO, Norway, Feb. 2, 2024 /PRNewswire/ — Nel ASA (Nel) (OSE: NEL) and Nikola have realigned their previous agreement, and at the same time Nel will become Fortescue’s supplier for their 80 MW electrolyser, for a total consideration of about USD 20 million. In 2018, Nel entered into a…