NeuVentus has secured site control and other ancillary agreements providing for development rights with GCL/Kyle Dome Storage, LLC and GC Land, LLC on the Moss Bluff Salt Dome in Liberty and Chambers Counties, Texas.

The agreements include sufficient property for NeuVentus to develop up to 12 salt caverns to store a broad variety of products, the exclusive right to develop hydrogen cavern storage on certain acreage, and rights to obtain easements for related infrastructure over 3,000 acres above and adjacent to the Moss Bluff Salt Dome, such as groundwater production, brine disposal, and high voltage electrical access.

The Moss Bluff Salt Dome is a proven geological formation with existing high-pressure storage facilities currently operating on the dome, including an existing hydrogen storage cavern.

NeuVentus plans to develop its first cavern at Moss Bluff for hydrogen storage with an expected commercial operation date in 2026 / 2027.

The project site is located one mile from three existing hydrogen pipelines and seven miles from the ERCOT/MISO boundary.

Once the Moss Bluff storage project is developed, NeuVentus will provide fee-for-service transportation and storage services, which will be a key enabler of the energy transition.