Announced
Financials
Sources
Tags
Joint Venture
Friendly
Single Bidder
Australia
Belgium
Private
Germany
green energy
global green hydrogen
Alternative Fuels
Acquisition
Majority
Cross Border
Pending
Synopsis
Tree Energy Solutions, a green hydrogen company, and Fortescue Future Industries, a global green energy company, to form an joint venture. TES is a global green hydrogen company supplying long term non-intermittent carbon-neutral energy on-demand at industrial scale. TES aims to accelerate the energy transition by unlocking the potential of existing global energy infrastructure to reach customers with green hydrogen, green gas and green power while accelerating the phase-out of fossil fuels from the energy system worldwide and adopting a circular carbon economy.
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