HydrogenXT, a leading innovator in zero-carbon fuel-grade blue hydrogen, has officially confirmed the news of securing a definitive Term Sheet for $900 million in combined debt and equity financing from Kell Kapital Partners Limited (KKP) and its affiliated institutional backers.
According to certain reports, this particular piece of funding will go towards supporting the construction of HydrogenXT’s first 10 production and dispensing facilities across California, Oregon, Washington, North Dakota, and key U.S. logistics corridors.
More on that would reveal how the stated development actually builds upon HydrogenXT’s mission to deploy 100 zero carbon-intensity, fuel-grade, clean blue-hydrogen plants across North America, as well as 200+ dispensing stations without relying on Federal Subsidies, and scale to over 1,000 global locations, Assuming it is able to achieve the given goal, the company will effectively aid the availability of cost-equivalent, zero-emissions hydrogen fuel for heavy-duty transport, industrial power, and AI Factory infrastructure.
Talk about HydrogenXT’s funding on a slightly deeper level, it is made up using a blend of senior debt and strategic equity participation, designed to fund the engineering, procurement, and construction (EPC) of HydrogenXT’s first 10 localized-scale SMR zero carbon-intensity, fuel-grade blue hydrogen production hubs.
These hubs, on their part, will arrive on the scene bearing on-site compression, storage, and dispensing (CSD) capabilities, along with the ability to produce clean electricity for AI Factories, Data Centers, Distribution Hubs and Power Grid Augmentation.
From a granular standpoint, the company’s flagship project is understood to be located in Avenal, California. While this project expected to break ground this fall. HydrogenXT has already plans in place to implement such projects in other locations, with all of them placed across major zero-emission corridors, including, Blythe, Otay Mesa, El Centro, Victorville, West Sacramento, Yreka, Eugene, OR, Chehalis, WA, and Bismark, ND.
“HydrogenXT is not just building stations—we’re building the backbone of a global hydrogen economy,” said Ken Cavallon, Co-Founder, COO & Head of Corporate Development at HydrogenXT. “This partnership unlocks the velocity needed to make hydrogen mainstream, profitable, and planet positive. We are changing the way the world moves. Everything from trucks, trains, planes & automobiles, to bits, bytes, boxes & electrons.”
A closer look at HydrogenXT’s proprietary platform will inform us of its proven local-scale technology, which boasts 100% carbon capture facility. Almost like an extension of that, it also pledges to zero-carbon on-site electricity generation, leveraging instead natural and renewable natural gas (RNG) to facilitate its operations.
The platform is further decked up with modular CSD systems engineered for fast-deployment and scalable demand, Beyond that, we have advanced HydrogenXT patented digital tools coming into play that can support fleet fueling logistics and real-time monitoring.
Among other things, it ought to be acknowledged that HydrogenXT has already secured millions in signed take-or-pay hydrogen fuel subscription agreements and billions in qualified pipeline of prospective fuel purchase subscription agreements, something. These funds, in totality, will empower the company to lead the commercialization of hydrogen across freight, transit, aviation, and next-generation energy applications.
“Our investment in HydrogenXT is driven by the company’s proven technology, executable rollout strategy, and ability to scale profitably in one of the fastest-growing sectors of the clean energy economy,” said Peter Kell, CEO of Kell Kapital Partners Limited “We see HydrogenXT as a cornerstone partner in building the next-generation hydrogen infrastructure across North America and globally.”
