Clean Power Capital (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF)
, an investment company, has announced that its wholly owned subsidiary, PowerTap Hydrogen Fueling Company, will be the primary sponsor on the No. 17 Indy Lights entry through the end of 2023; the entry is piloted by Devlin DeFrancesco. PowerTap Hydrogen Fueling Company is focused on developing cost-effective infrastructure for incorporating hydrogen fueling into daily life. This is the first time PowerTap or Clean Power have teamed up with Andretti Steinbrenner Autosport as a sponsor in the motorsports industry. Steinbrenner Racing management noted that the partnership is a new one for the race track, one that represents an extension of existing relationships with PowerTap in the business sector; the company also noted that adding another innovative company within the green energy and sustainability sector brings unique opportunities both for the Steinbrenner team as well as fellow sponsor and partner companies. The announcement noted that the Steinbrenner group has a goal to achieve a carbon neutral environment and PowerTap Hydrogen’s experience and proprietary technology moves the company a step closer to achieving that goal. “Hydrogen vehicles will be introduced into many verticals in the coming years including auto racing,” said PowerTap and Clean Power CEO Raghu Kilambi in the press release. :As our unique onsite PowerTap hydrogen fueling technology can refuel vehicles of all types, a prominent sponsorship of Devlin DeFrancesco and the Andretti Steinbrenner team makes sense as we launch PowerTap as a leading hydrogen fueling brand.”
To view the full press release, visit https://ibn.fm/RlYBO
About Clean Power Capital Corp.
Clean Power is an investment company that specializes in investing in private and public companies opportunistically that may be engaged in a variety of industries, with a current focus in the health and renewable energy industries. In particular, the investment mandate is focused on high-return investment opportunities, the ability to achieve a reasonable rate of capital appreciation and to seek liquidity in its investments. Clean Power’s most recent investment was in PowerTap on Oct. 27, 2020. For more information about the company, please visit www.CleanPower.Capital
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The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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