The US-based operations and infrastructure solutions of LIFTE H2 will become the US subsidiary of Canada’s Powertech Labs, according to the companies.
Headquartered in British Columbia, Powertech Labs is a subsidiary of the government-owned BC Hydro.
Separately, the company’s digital Asset Performance Management platform has been acquired by Massachusetts-based Electric Hydrogen.
Resource reported in April that Energy & Industrial Advisory Partners had been hired to help LIFTE H2 conduct a Series A.
Powertech USA, the new subsidiary, will serve the US and Canadian markets.
“Powertech USA will provide a family of infrastructure solutions including hydrogen export systems, high-capacity transport trailers, mobile refuelers, and fueling stations,” a post on LinkedIn states. “Together, these solutions form the market’s first end-to-end hydrogen fueling solution – integrating the movement of hydrogen from the production outlet to the vehicle inlet.”
LIFTE H2 will continue operations in Europe. The company has offices in Berlin.
