Lotus Infrastructure Partners has launched NeuVentus, a platform focused on developing and delivering hydrogen pipeline transportation and salt cavern hydrogen storage projects, according to a news release.
Vinson & Elkins LLP advised Lotus Infra on the formation of NeuVentus. Norton Rose Fulbright and PEP Advisory advised the NeuVentus management team.
NeuVentus, a developer, owner and operator, will have its initial projects in the Texas Gulf Coast. In addition to clean hydrogen and its derivatives like ammonia and methanol, the company will have the ability to provide transportation and storage services to adjacent industries like industrial gases.
