HydraB and Armstrong Capital Management have entered into a joint venture to launch HyGen Energy Holdings, which will build, own and operate commercial scale hydrogen production facilities across the UK and Ireland. As part of the joint venture agreement, all of the planning and development activities will be provided by UK renewable energy developer Renewable Connections Developments.
Wrightbus owner Jo Bamford is also the owner of HydraB. He said: “Following the culmination of many months of discussion with the teams at Armstrong and Renewable Connections, the creation of HyGen Energy is a natural and exciting next step. With our combined expertise in development, technology, funding and manufacturing, we have a unique opportunity to deploy commercial-scale, low-carbon hydrogen at a cost not seen before in the UK. We will be building the hydrogen production facilities that will eventually support commercial fleet vehicles across the UK and Northern Ireland, providing a cradle to grave service.”