Vision Hydrogen Corp. has purchased VoltH2 Holdings AG, a developer of hydrogen production facilities and infrastructure in Western Europe.
VoltH2 is a developer of clean hydrogen production facilities for the supply of commercial offtake volumes of clean hydrogen to sectors that have pivoted away from carbon emitting energy sources and fuels.
The firm plans to leverage its first-mover advantage to replicate its successful business model to accumulate a significant inventory of strategic development sites adjacent to existing gas and power infrastructure to accelerate the growth and development of its clean hydrogen facilities. The model allows VoltH2 to produce clean hydrogen that can be supplied directly into existing and planned distribution networks across Europe.
In addition, the firmhas appointed Andrew Hromyk co-CEO, Andre Jurres co-CEO, Arron Smyth executive vice president of corporate development, and Andy Hidalgo as senior vice-president.