on LHYFE (EPA:LHYFE)
New strategic partnership for Lhyfe and Messer in renewable hydrogen
Lhyfe and Messer announce a key partnership for the development of renewable hydrogen. Messer, a major player in industrial gases, is acquiring a 30% stake in four Lhyfe production sites in France and Germany. This move validates the quality of Lhyfe's assets.
A 10-year renewable hydrogen supply contract will begin in 2026. This will allow Messer to purchase up to 50% of the production from the three French sites. This partnership strengthens Lhyfe's financial outlook and validates the value of its assets.
Messer guarantees its access to renewable hydrogen, thus meeting its customers' decarbonization needs. This collaboration should improve site performance and accelerate the energy transition in Europe.
R. E.
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