Höegh LNG buys minority stake in green hydrogen company
Gen2 Energy aims to begin producing renewable energy-based hydrogen in Norway in 2023 and has signed a tentative agreement for exports to Scotland
The investment in the Vitol-backed Gen2 Energy will see Höegh LNG collaborate for the seaborne transportation and infrastructure development of green hydrogen out of Norway. The two companies will also work together on potentially green hydrogen propulsion system for ships