Hexagon Composites enters into joint venture agreement with Nel ASA and PowerCell Sweden AB
(Thomson Reuters ONE) -
Hexagon Composites ASA (OSE:HEX) has finalized the joint venture agreement with
Nel ASA and PowerCell Sweden AB for the development of integrated hydrogen
projects. The equally owned joint venture will initially focus on opportunities
in the maritime and marine segments as well as projects to capture stranded
renewable energy.
The entity will create a one-stop-shop for customers wanting to utilize hydrogen
technologies across the value chain from renewable hydrogen production to
storage, distribution and dispensing, as well as generating electricity via fuel
cells. The entity will manage and develop the projects to ensure that
technologies from the partners are effectively integrated into complete and
optimal solutions for the customers.
"Since we announced the intention to join forces, we have received numerous
requests, ranging from governmental organizations to maritime transportation. We
see significant opportunities for the joint venture and believe it is well
positioned to deliver unique customer value," says Jon Erik Engeset, President
and CEO of Hexagon Composites ASA. "The collaboration with these strong market
leaders is a logical step in shaping the emerging market for zero-emission power
solutions."
For more information:
Jon Erik Engeset, CEO, Hexagon Composites ASA
Telephone: +47 916 30 550 | jon.erik.engeset(at)hexagon.no
David Bandele, CFO, Hexagon Composites ASA
Telephone: +47 920 91 483 | david.bandele(at)hexagon.no
Solveig D Saether, Communication Manager, Hexagon Composites ASA
Telephone: +47 906 34 977 | solveig.saether(at)hexagon.no
About Hexagon Composites ASA
Hexagon Composites ASA is a publicly listed company with its headquarters in
Aalesund, Norway. The Group is a leading global supplier of composite pressure
cylinders and systems for storage and transportation of various gases.
For additional information, please visit: www.hexagon.no
About Nel ASA
Nel ASA is a global, dedicated hydrogen company, delivering optimal solutions to
produce, store and distribute hydrogen from renewable energy. Nel serves
industries, energy and gas companies with leading hydrogen technology.
For additional information, please visit: www.nelhydrogen.com
About PowerCell Sweden AB
PowerCell Sweden AB (publ) is the leading fuel cell company in the Nordics,
which develops and produces environmentally friendly power systems for
stationary and mobile customer applications. PowerCell Sweden AB (publ) is
listed on First North at Nasdaq Stockholm and is an industrial spinout from the
Volvo Group. G&W Fondkommission is appointed Certified Adviser by the Company.
For additional information, please visit: www.powercell.se
Follow us on Twitter: (at)HexagonASA
This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.
Hexagon enters into JV with Nel and PowerCell Sweden:
http://hugin.info/132600/R/2097039/793643.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hexagon Composites ASA via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 20.04.2017 - 09:01 Uhr
Sprache: Deutsch
News-ID 537216
Anzahl Zeichen: 3712
contact information:
Town:
Ã…lesund
Kategorie:
Business News
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"Hexagon Composites enters into joint venture agreement with Nel ASA and PowerCell Sweden AB"
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