HydrogenXT secures deals for US expansion

This commitment marks a significant milestone in HydrogenXT's mission to deploy 100 zero carbon-intensity, fuel-grade, clean blue-hydrogen plants across North America, and an additional 200+ dispensing stations without relying on federal subsidies and scale to over 1000 global locations, revolutionising the availability of cost-equivalent, zero-emissions hydrogen fuel for heavy-duty transport, industrial power, and AI factory infrastructure.

"This agreement is transformational," said Robert Wise, Founder, CEO, and CTO of HydrogenXT. "KKP's backing validates our localised hydrogen production and dispensing model and accelerates our vision of delivering clean, affordable fuel, and clean electricity at the scale the market urgently needs – from ports and logistics hubs to transit fleets, autonomous networks, and advanced data centres."

The capital structure includes a blend of senior debt and strategic equity participation, designed to fund the engineering, procurement, and construction (EPC) of HydrogenXT's first 10 localised scale SMR zero carbon-intensity, fuel-grade blue hydrogen production hubs equipped with on-site compression, storage, and dispensing (CSD) capabilities along with the ability to produce clean electricity for AI factories, data centres, distribution hubs, and power grid augmentation.

"Our investment in HydrogenXT is driven by the company's proven technology, executable rollout strategy, and ability to scale profitably in one of the fastest-growing sectors of the clean energy economy," added Peter Kell, CEO of Kell Kapital Partners Ltd. "We see HydrogenXT as a cornerstone partner in building the next-generation hydrogen infrastructure across North America and globally."

HydrogenXT's flagship project in Avenal, California – prepared and ready for construction – is expected to break ground in autumn 2025. Additional locations are planned across major zero-emission corridors, including, Blythe, Otay Mesa, El Centro, Victorville, West Sacramento, Yreka, Eugene, Oregon, Chehalis, Washington, and Bismark, North Dakota.

HydrogenXT's growth strategy includes:

• 10 production and dispensing plants break ground in the next 20 months.
• Corporate series seed round closing mid-2025.
• Corporate series a strategic capital raise in early 2026.
• 100+ US stations by 2030.
• Global scale to 1000+ sites by 2035.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/06082025/hydrogenxt-secures-deals-for-us-expansion/