HydrogenXT secures $900 million for first wave of U.S. hydrogen projects

HydrogenXT secures 0 million for first wave of U.S. hydrogen projects


Ten zero-carbon blue hydrogen plants to be built across key states without federal subsidies.

HydrogenXT has announced a major financial breakthrough with the signing of a $900 million debt and equity financing deal with Kell Kapital Partners Limited and its institutional partners. The investment will fund the development of ten blue hydrogen production and distribution facilities across the United States, including sites in California, Oregon, Washington, and North Dakota.

This marks the first phase of HydrogenXT’s larger strategy to deploy 100 hydrogen plants and over 200 distribution stations across North America, entirely without federal subsidies. In the long term, the company aims to scale up to more than 1,000 sites globally, supplying zero-emission hydrogen fuel to heavy transport, industrial sectors, and digital infrastructure providers.

As reported by Energy News, the flagship facility is set for Avenal, California, with construction to begin in the coming months. Additional sites are confirmed for Blythe, Otay Mesa, El Centro, Victorville, West Sacramento, Yreka (California), Eugene (Oregon), Chehalis (Washington), and Bismarck (North Dakota). These locations have been strategically chosen for their proximity to logistics corridors and high-emission transport routes.

Each site will utilize local Steam Methane Reforming technology combined with full carbon capture systems. The plants will also feature integrated compression, storage, and dispensing units, which can support decarbonized electricity generation for data centers, logistics operations, or grid supply.

The financial structure includes senior debt and equity contributions and will fund engineering, procurement, and construction activities. HydrogenXT’s platform includes digital fuel supply management and subscription tools for end users, enabling rapid deployment and scalability.



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