The acquisition strengthens Power2X’s position in clean molecules, with a focus on clean fuels and feedstocks for industries in the Netherlands and Germany. The deal creates additional scale and efficiencies and reflects consolidation in the clean molecules sector as projects move from early development into large-scale delivery.
HyCC has built a portfolio of large-scale hydrogen and clean molecules projects in the Netherlands and Germany, including locations such as Amsterdam, Delfzijl, and Rotterdam. Within the combined company, these projects will benefit from greater scale, broader capabilities, and a stronger capital base, while HyCC’s industrial experience will support further development and delivery of projects in the Power2X portfolio.
Clean molecules, including green hydrogen, have a critical role to play in strengthening Europe’s industrial competitiveness and energy security. The combined portfolio has the potential to unlock material investments in the coming years and could be a boost for the local chemical sector. For the realization of these projects, a reliable, stable regulatory framework across Europe, the Netherlands and Germany will be crucial. Power2X’s acquisition of HyCC is intended to strengthen the wider clean molecules ecosystem, de-risking investments, accelerating project delivery, and supporting Europe’s resilience and decarbonization leadership.
“With the acquisition of HyCC we are adding valuable, and strategic projects in key industrial hubs to our portfolio,” said Occo Roelofsen, Founder and CEO of Power2X. “It brings us into a new phase where we have increased focus on delivery and a more diverse group of industrial customers. We look forward to working closely with Nobian and other partners on project delivery and operations in Dutch and German clean molecules market.”
“Our ongoing focus on water electrolysis has enabled us to develop a strong portfolio of green hydrogen projects at HyCC,” said Marcel Galjee, Managing Director of HyCC. “Now it is time to move to the next phase of these projects, and with Power2X we have found the perfect partner to do so. We are grateful to everyone who contributed to this achievement and look forward to the next chapter with Power2X.”
