As part of a new agreement, Ariel Re, member of Argo Group, will develop a performance risk solution to guarantee the uptime and output of BayoTech’s hydrogen generators.
BayoTech today announced that it had signed a letter of intent with Ariel Re which it hopes will support the company’s commercial growth.
Wendy Rollstin, Chief Financial Officer at BayoTech, said, “Our goal is to provide our customers with a low cost, low/no carbon hydrogen without them having to concern themselves with produce performance of financial exposure.”
“Our performance guarantee, together with BayoCare, our predictive service and maintenance programme, and the ability to upgrade from 200 kg to 1000 kg per day, are all unique features that BayoTech brings to the market.”
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