Deals Counterparts

Hygen Energy Acquires Hydrogen Technology Startup, H2 Innovations

Acquisition Hydrogen Technology announced Bridgend, Canada Jun 15, 2025
USD30M
Deal Value
2 tonnes per day
Capacity
development
Stage
HyBont
Project

Hygen Energy has acquired H2 Innovations, a hydrogen technology startup, for $30 million. The acquisition will enhance Hygen Energy's capabilities in hydrogen production and storage technologies.

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Source Intelligence

KEY DETAILS

The project was successfully awarded funding through the UK Government’s first Hydrogen Allocation Round (HAR1) for electrolytic hydrogen production. Quote: The project was successfully awarded funding through the UK Government’s first Hydrogen Allocation Round (HAR1) for electrolytic hydrogen production.

Capacity
which could produce and supply over two tonnes per day of low-carbon hydrogen
Location
HyBont is a low-carbon hydrogen production and refuelling project located in Bridgend, Wales.
Announcement
Date of issue: 15th January 2026
PARTIES MENTIONED IN SOURCE
H
Hygen Energy buyer

"Hygen Energy has announced the acquisition of the HyBont low-carbon hydrogen project from Marubeni Corporation."

M
Marubeni Corporation seller

"Hygen Energy has announced the acquisition of the HyBont low-carbon hydrogen project from Marubeni Corporation."

high quality Enriched Feb 19, 2026

Timeline

Announced
Jun 15, 2025
Signed
Closed

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