HydrogenXT secures $900m term sheet to build first 10 zero-carbon hydrogen production and dispensing plants

August 7, 2025 |

In Texas, HydrogenXT announced it has secured a definitive term sheet for $900 million in combined debt and equity financing with Kell Kapital Partners Limited (KKP) and its affiliated institutional backers.

The funding will support the construction of HydrogenXT’s first 10 production and dispensing facilities across California, Oregon, Washington, North Dakota, and key U.S. logistics corridors.

The firm noted that this commitment marks a significant milestone in its mission to deploy 100 clean blue-hydrogen plants across North America.

Robert Wise, Founder, CEO & CTO of HydrogenXT. “KKP’s backing validates our localized 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 centers.”

More on the story.

Category: Hydrogen

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