Chevron, Trafigura and Papé Group close investment in downstream hydrogen business
Published by Poppy Clements,
Assistant Editor
Global Hydrogen Review,
Paul Dawson, OneH2’s president and CEO, said: “We welcome Chevron's investment and eagerly anticipate collaborating with one of the world's largest vertically integrated energy companies. The OneH2 team deeply appreciates the steadfast support from our existing investors as we continue to invest in hydrogen infrastructure across the US. Each of our investors will play a pivotal role in shaping the trajectory of OneH2 and contributing to the advancement of the broader hydrogen industry.”
By investing in OneH2, Chevron aims to play a key role in driving hydrogen as a viable, pragmatic and economical energy source. Nuray Elci, Chevron’s General Manager of Renewables said: “We are excited to work with the team at OneH2 and other partners to help build the fuelling infrastructure for hydrogen vehicles, moving this technology forward.”
Additional investment by Trafigura and The Papé Group represent their continued confidence in OneH2’s strategic direction and their commitment to bringing practical, hydrogen fuelling technology to the market.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/07092023/chevron-trafigura-and-pap-group-close-investment-in-downstream-hydrogen-business/
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