Babcock & Wilcox, General Hydrogen ink hydrogen agreement
In Ohio, Babcock & Wilcox (B&W) announced that it has reached an agreement on a term sheet for General Hydrogen Corp., a CGI Gases subsidiary, to purchase net-negative carbon intensity hydrogen from a biomass-fueled facility utilizing BrightLoop technology being developed by B&W in Louisiana.
As the exclusive partner within defined segments for the distribution of hydrogen produced at the plant, General Hydrogen would purchase and transport off-site up to 15 tons of hydrogen per day, and CGI Gases would purchase and transport compressed carbon dioxide (CO2) captured during the process.
“The clean energy produced by B&W’s BrightLoop technology is an important scaling opportunity that builds on our company’s current distribution expertise and our U.S. network,” said Eileen Zullo, President and Chief Executive Officer of CGI Gases. “This project expands the partnership between both companies. We’re pleased to be collaborating in multiple markets, leveraging B&W’s expertise with General Hydrogen Corp.’s operational and distribution experience.”
B&W’s BrightLoop facility is targeted for operation in 2026.
