McPhy Energy: Hytlantic and McPhy agree to terminate cooperation agreement.
McPhy Energy, specialized in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), today announces that Hytlantic and McPhy agreed to terminate their cooperation in the frame of the GreenH2Atlantic project.
The decision follows an in-depth assessment of the activities performed and outcomes of the partnership between Hytlantic and McPhy over the past few years during project development, and the outlook for the progress of those activities and results going forward.
Hytlantic remains committed to the development and success of the project.
McPhy Group will continue to focus on implementing its strategy, aiming to become one of the leading electrolyzer company in Europe, contributing to the ramp-up and development of low carbon hydrogen.
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McPhy Energy: Hytlantic and McPhy agree to terminate cooperation agreement. source