Everfuel sign contract for the supply of oxygen from electrolysis

Everfuel has signed a conditional agreement for the supply of oxygen from HySnergy2.0’s green hydrogen plant.  

The agreement with the undisclosed partner ensures oxygen made from electrolysis will be delivered, increasing the utilisation of the HySnergy facility in Fredericia, Denmark. 

Everfuel’s contract is conditional on a final investment decision by the  partner for the construction of a process facility adjacent to HySnergy which will use the oxygen and Everfuel’s decision to progress HySnergy 2.0.  

The contract agreement includes payment for a capacity reservation of oxygen and a recurring payment for the oxygen supply, with a minimum revenue of €1m per year once the agreement is fully implemented. .  

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