Zachary Steele and Jason Baran have decided to leave Fusion Fuel and will be stepping down from their roles of Co-Head and Chief Commercial Officer, respectively, as well as Co-Presidents of the Americas, to pursue other opportunities in the hydrogen and clean fuels sector.
The moves were announced as part of the company’s 1Q23 earnings release.
Steele said in an interview late last year that the company was working with RBC Capital Markets to develop projects in the US.
The funding will support Plastic Omnium’s growth strategy for hydrogen mobility in France.
Camber Energy, a NYSE-traded energy company, has reached a deal to acquire 100% of the interests in New Rise Renewables, the owner of a newly developed renewable diesel plant in Reno, Nevada.
Dutch chemicals producer OCI Global has hired advisors to explore potential asset monetizations. It is also in talks with offtakers that could take an equity stake in its Texas blue ammonia project, with strong demand spurring the company to evaluate an expansion at the site.
Raven SR’s C-round of financing is being run by two bulge-bracket banks, and the firm has received widespread interest from private equity and corporate strategics.
Comstock Inc, a biomass technology company, is gearing up to build a fleet of plants that will use yield-enhancing technology to convert woody biomass into clean fuels.
Fusion Fuel, a green hydrogen developer based in Portugal, has engaged an advisor and is in talks with investors to raise capital for projects in North America.
