Power2X, an industry leader in clean molecule projects and industrial decarbonization, today announced the acquisition of HyCC, the Netherlands-based large-scale green hydrogen project developer.
The acquisition strengthens Power2X’s position as a clean molecules leader, focused on clean fuels and feedstocks for industries in the Netherlands and Germany.
The deal creates more scale, efficiencies and reflects the consolidation of the clean molecules sector, as projects move from early development into large-scale delivery.
HyCC has developed a strong portfolio of hydrogen and clean molecules projects in the Netherlands and Germany in locations such as Amsterdam, Delfzijl and Rotterdam. In the combined company, these projects will benefit from scale, broader capabilities and a strong capital base. The expertise and industrial experience from the HyCC team will support further development and delivery of projects in the Power2X portfolio.
