Kansas-based Tallgrass Energy has closed on the purchase of a 75% interest in Escalante H2 Power, according to a news release.
EH2 Power is developing a hydrogen-to-power project at Tri-State Generation and Transmission Association, Inc.’s Escalante Generating Station near Prewitt, New Mexico, by converting the retired coal-fired power plant into a clean hydrogen-fired power generating facility.
The ownership of Newpoint Gas, LLC will retain a 25 percent membership interest in EH2 Power and continue to partner with Tallgrass in EH2’s development of the hydrogen conversion project at the Escalante Station.
