Hexagon Purus to acquire 40% stake in Cryoshelter’s liquid hydrogen storage business
Green Car Congress
APRIL 22, 2022
The transaction contemplates a split of Cryoshelter into separate legal entities for the liquid hydrogen and liquid natural (renewable) gas businesses, enabling Hexagon Purus’ direct investment in early-stage liquid hydrogen tank technology. Key terms and structure of the transaction: Initial investment of €3.5
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