SUBSIDIARY NAME
Hydrogen Hybrid Energy
COUNTRY
SOUTH AFRICA
SECTOR/ INDUSTRY
Energy
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
June 20, 2022
ACQUISITION VALUATION
125 MILLION
TOTAL ASSET VALUATION
1.25 BILLION
ENERGY-OIL-REFINERY-GAS
Hydrogen Hybrid Energy acquired on June 20, 2022 for implementation of Hydrogen power energy projects with local manufacturing. Manufacturing of hybrid energy production units HHO and Hydrogen from renewable power. Scalable from 5lt per minute pure hydrogen.