Chart Industries and I Squared Capital completed a $171m investment in HTEC.

Chart Industries, a global manufacturer of equipment, and I Squared Capital, a private equity firm, completed a $171m investment in HTEC Hydrogen Technology & Energy, a provider of the clean hydrogen value chain, integrating technologies, systems, people, and partnerships. “Our increased investment in HTEC and partnership with ISQ is highly strategic. It capitalizes HTEC well to address near term opportunities where Chart can benefit as a core supply partner, while also providing flexibility to further consolidate our ownership position in a high-growth hydrogen business with significant Canadian presence and customer base. Canada is a high growth market for hydrogen, given the government’s commitments to the clean energy transition, with the hydrogen sector being a meaningful part of that commitment," Jill Evanko, Chart CEO and President.