Meld Energy Secures Investment from Global Energy Company
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Meld Energy, a UK-based green hydrogen development company, announced today that World Kinect Sustainability Ventures, a subsidiary of the global energy management company World Fuel Services Corporation, has invested in its business through acquiring a 50% stake in the company. Meld Energy and World Fuel Services are working to develop green hydrogen supply chains and ultimately deliver zero carbon green hydrogen to customers across industry, ground transportation, marine and aviation industries in the UK and globally.
Meld Energy was founded by former GE executive and energy industry veteran Chris Smith and large infrastructure expert Huw Thomas, formerly of Foster + Partners. Meld Energy and World Fuel Services are presently focused on collaborating with various government and commercial entities to develop a series of modular low and zero carbon fuel plants, starting with a hydrogen facility in Yorkshire, England.