In South Korea, Utility Global and SAMJIN E&I announced an engineering services agreement for Utility’s H2Gen project in Daejeon, South Korea. This follows the recently announced strategic collaboration agreement with SAMJIN and enables engineering work to progress the project from front-end loading (FEL-1) through FEL-3 to the final investment decision (FID). Through this effort, Utility […]
In Texas, Utility Global recently announced a first close of $100 million in its Series D financing round, led by Ara Partners and APG Asset Management (one of the world’s largest pension investors on behalf of Dutch pension funds). This milestone financing will allow Utility to globally deploy its proprietary H2Gen® technology at industrial scale. The […]
In Texas, Utility, the off-gas-to-value company pioneering its proprietary eXERO gas production technology optimized to decarbonize hard-to-abate industries, has signed a commercial agreement with GH EnA of Korea for multiple projects to create clean, affordable, carbon-negative hydrogen using biogas with Utility’s groundbreaking H2Gen reactor. The commercial agreement signed by both companies covers projects deploying H2Gen […]
