Vision Hydrogen (OTCQB: VIHD) today announced that it has acquired a 100% interest in a 14 Ha port development project for the storage and distribution of low carbon and renewable fuels, including hydrogen carriers such as ammonia, methanol and liquid organics. The project is strategically located in Vlissingen (Flushing) at the mouth of the Westerschelde estuary in the Netherlands. It is well positioned to be the first terminal in Europe with a core focus on the storage of low carbon and renewable fuels (including hydrogen carriers from which clean hydrogen may be produced) for European markets and off-takers providing carbon abatement. The project is in an advanced stage of permitting, and the company targets the award of all necessary construction permits by the first quarter of 2023. Vision Hydrogen’ Swiss subsidiary VisionH2 Holdings AG has acquired EVO from First Finance Europe Ltd. for US$3.5 million in cash and 1.5 million shares of common stock valued at a price of $5.00 per share. First Finance is controlled by the company’s CEO. The transaction was considered and approved by a committee comprised of the independent directors of the company.
To view the full press release, visit https://ibn.fm/VJIgf
About Vision Hydrogen Corporation
VisionH2 is a renewable energy company developing storage, handling and production facilities for the commercial, industrial and transportation sectors. VisionH2 is leveraging its proven track record in site procurement and permitting, accelerating pre-development and integration of infrastructure to store and distribute low-carbon products and fuels including green hydrogen and hydrogen carriers. By establishing and negotiating long-life customer commitments, the company ensures reliable offtake relationships with industry participants seeking to utilize hydrogen and hydrogen carriers as fuel, feedstock, and as a grid balancing and capacitance solution. VisionH2 is committed to providing the lowest carbon solution with the highest yield storage, handling and production services for the European renewable economy and supply chain. VisionH2 is a portfolio company of First Finance (www.FirstFinance.com), a private equity investment group with offices in Zurich, London and Vancouver. For more information about the company, visit www.VisionH2.com.
About Green Energy Stocks
Green Energy Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Energy Stocks, text “Green” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.greennrgstocks.com
Please see full terms of use and disclaimers on the Green Energy Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer
Green Energy Stocks
Los Angeles, CA
greennrgstocks.com
415.949.5050 Office
Editor@GreenNRGStocks.com
Green Energy Stocks is part of the InvestorBrandNetwork.
