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Hydrogen firm H2B2 to list in New York

Richard Heap
May 15, 2023

Green hydrogen developer H2B2 Electrolysis Technologies is set to go public in New York after agreeing a deal with RMG Acquisition Corp. III.

H2B2 has agreed a deal with RMG to list on the Nasdaq stock exchange at an initial value of $750m. The company said that going public would help it execute its project pipeline and scale its operations. The initial public offering is due to conclude in the second half of 2023.

H2B2 develops, builds and operates green hydrogen production facilities; and its projects including an 18MW green hydrogen facility in Rørvik, Norway, for Greenstat and NTE.

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