Deals Counterparts

Hiringa Refuelling Australia receives grant to create hydrogen refuelling stations

Financing Hydrogen announced Griffith, Australia Feb 20, 2026
USD52M
Deal Value

Hiringa Refuelling Australia will receive $778,000 to help create hydrogen refuelling stations which aim to replace diesel in heavy vehicles - an important step towards building a green freight corridor between Sydney and Southeast Queensland.

Deal Analysis

Hiringa Refuelling Australia's receipt of a $778,000 grant from the NSW Government marks a crucial step in developing hydrogen refuelling infrastructure for heavy vehicles in Australia. This funding aims to facilitate the creation of hydrogen refuelling stations, ultimately supporting the transition from diesel-powered vehicles and fostering a green freight corridor between Sydney and Southeast Queensland. The involvement of Tyree Transformers, an established Australian manufacturer of power and distribution transformers, suggests a strategic alignment between energy infrastructure development and the emerging hydrogen economy. This deal signifies a commitment to decarbonizing the transportation sector and building a sustainable hydrogen ecosystem in Australia. While the grant value is relatively modest, its strategic importance lies in its potential to catalyze further investment and development in hydrogen infrastructure. The project's focus on heavy vehicles addresses a significant source of emissions and aligns with broader efforts to achieve net-zero targets. The success of this initiative could pave the way for similar projects across the country, accelerating the adoption of hydrogen as a viable alternative fuel.
  • Grant of $778,000 from the NSW Government to Hiringa Refuelling Australia.
  • Focus on establishing hydrogen refuelling stations for heavy vehicles.
  • Aims to create a green freight corridor between Sydney and Southeast Queensland.
  • Involvement of Tyree Transformers, a key player in power infrastructure.
Market Context: The hydrogen sector in Australia is experiencing significant growth, driven by government support and increasing demand for clean energy solutions. This deal reflects the broader trend of investing in hydrogen infrastructure to support the decarbonization of various sectors, particularly transportation.

Source Intelligence

KEY DETAILS

The investment is part of the NSW Government’s Net Zero Manufacturing Initiative, a $480 million push to help fast-track emissions reductions and build the technologies that we need to further our renewable transition. "This is part of a $480 million investment to help NSW industries lead the clean energy transition and create skilled manufacturing jobs in our regions."

Deal Size
$52 million to create manufacturing and renewable jobs
Location
Optimal Renewable Gas in Griffith will receive $20 million to convert agricultural organic waste from farms into a gas fuel.
Announcement
20 February 2026
PARTIES MENTIONED IN SOURCE
O
Optimal Renewable Gas recipient

"Optimal Renewable Gas in Griffith will receive $20 million to convert agricultural organic waste from farms into a gas fuel."

H
Hiringa Energy recipient

"Hiringa Energy near Moree will receive $9.4 million to expand the production of their low carbon ammonia fertiliser, to be used on cotton farms."

H
Hiringa Refuelling Australia recipient

"Hiringa Refuelling Australia will receive $778,000 to help create hydrogen refuelling stations which aim to replace diesel in heavy vehicles - an important step towards building a green freight corridor between Sydney and Southeast Queensland."

T
Tyree Transformers recipient

"Tyree Transformers will receive $22 million to build their transformers, which stop us from losing energy while its being transported from our solar and wind farms."

medium quality Enriched Feb 22, 2026

Timeline

Announced
Feb 20, 2026
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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