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Saga Pure secures stake in Hyon to expand maritime hydrogen solutions

Saga Pure secures stake in Hyon to expand maritime hydrogen solutions

Saga Pure has announced today (June 29) the acquisition of a 29% stake in Hyon AS, a group with a strong position in maritime hydrogen solutions.

With the subsequent transaction, Saga Pure, Nel ASA and Norwegian Hydrogen AS now hold equal shareholdings in the company.

Hyon has built a strong position within the maritime sector since 2017 and, going forward, will look to further develop and commercialise hydrogen and bunkering solutions for harbours.

Bjørn Simonsen, CEO of Saga Pure, said, “Sustainability is at the top of the agenda within the maritime sector, and hydrogen will play an important role in the future, maritime fuel mix.

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