Vivakor merger partner pens waste to hydrogen deal.
Vivakor Inc (NASDAQ:VIVK)’s proposed merger partner Empire Diversified Energy Inc has agreed a new deal relating to hydrogen production from waste.
Having announced a proposed merger with Empire in March, Vivakor highlighted the agreement on Thursday.
This will see Empire and Heartland Water Technology partner to build a state-of-the-art facility for producing sustainable hydrogen from food waste.
Chris Beaufait, Heartland chief executive, said:
Empire is a world class developer of sustainable projects.
“We are excited to work together to deliver an exciting and impactful waste treatment and hydrogen generation plant.”
The facility will be part of the Department of Energy’s Appalachian Regional Clean Hydrogen Hub and is expected to start production in late 2025.
Bernard Brown, Empire chief operating officer, added:
By leveraging this hub as a pivotal platform for collaboration, research, and development, we aim to demonstrate how strategic investments in decentralised hydrogen infrastructure and technology can yield significant environmental and economic benefits.
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Vivakor merger partner pens waste to hydrogen deal. source
