ING Americas will take the lead in securing project financing for Clean Energy Holding’s 250 MW Clear Fork, Texas renewable energy supplied green hydrogen and liquefaction project.
The project has a baseline schedule slated to enter commercial operations in the third quarter of 2024. The project is expected to produce a levelized average of 30,000 kg a day of liquefied green hydrogen. The CEH Platform is designed to attract leading edge and emerging technologies to integrate into our projects for validation and certification.
CEH is assembling a Renewable Energy and Technology Alliance, which now includes Equix Inc., a well-established and highly respected infrastructure firm. Bair Energy, LLC (BE) joins The Alliance as the Program Management Construction Management (PMCM) and serves as The Alliance Representative for the CEH Platform. The Alliance is working with an experienced commodities group to market and lead offtake negotiations for its projects.
CEO of Clean Energy Holdings, Nicholas Bair, stated: “Our Alliance is leading energy transformation, and we are committed to continue to lead the North American market in the production and implementation of green hydrogen for industrial, chemical, and mobility applications. We are also driving technological advancements developed through our projects. We have assembled a group of industry leaders as well as local and state governments to navigate through the potential challenges as we deliver our projects from concept to delivery and provide turnkey projects with a complete basis for design. Our Alliance delivers on contract and safety, with guaranties. This project is a strategic priority for The Alliance to showcase its turnkey design, long term operations and production guaranties.”
CEH President, Cornelius Fitzgerald, added, “These early, large-scale, projects will help define the green hydrogen industry in North America. Our Alliance partners and advisors have been carefully selected as both best-in-class for their respective roles and dedication to make these projects a success.”
Chair of Bair Energy, Candice McGuire stated, “flawless project delivery is the focus of the CEH Platform and The Alliance to lead the nation in energy security.”
