Deals Counterparts

Hexagon Energy Signs Supply Agreement for Hydrogen Production Equipment

Supply Agreement Hydrogen announced Australia Aug 22, 2025
development
Stage
WAH2
Project

Hexagon Energy signed a supply agreement with Nel ASA for hydrogen production equipment. The agreement supports Hexagon's plans to develop a large-scale hydrogen production facility.

Source Intelligence

KEY DETAILS

Chevron will supply 33 terajoules of gas per day. "The discussions will focus on Chevron supplying 33 terajoules of gas per day from 2029. This volume would make up 60% of Hexagon’s requirements for Phase 1 of its WAH2 project."

Location
WAH2 clean ammonia project in Western Australia
PPA Details
initial supply period of ten years with a potential extension for a further five years
Announcement
November 6, 2024
COD
from 2029
Expected Close
gas sales and purchase agreement by September 2025
PARTIES MENTIONED IN SOURCE
C
Chevron seller

"global energy giant Chevron"

H
Hexagon Energy Materials buyer

"Hexagon Energy Materials (ASX: HXG)"

high quality Enriched Feb 19, 2026

Timeline

Announced
Aug 22, 2025
Signed
Closed

Market Context

This deal is part of the Hydrogen sector in Australia.
110
Hydrogen deals
105
deals in Australia
1 of 110 Hydrogen deals tracked this month · Updated daily

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