Clean Energy Holdings, LLC (CEH) announced that it has signed a Letter of Intent for the sale of up to 30,000 kg per day of liquified green hydrogen to be produced in Phase I of the firm’s Clear Fork Green Hydrogen Project in Texas. Formal business agreements are now under development. The Energy Advisory and Corporate Finance teams from ING Americas are providing advisory assistance to CEH.
CEH is working closely with Alliance partner, Chart Industries (Chart, NYSE:GTLS), for the technology needed to liquefy, store, and transport the project’s Green Hydrogen to customers across the globe.
Cornelius Fitzgerald, President and Co-Founder of CEH said:
Offtake is a critical piece of the Green Hydrogen eco-system. Energy security and decarbonizing the transportation fuel sector are key drivers for this letter of intent.
“CEH and our owner…