Sector News

Air Liquide acquires ENN Clean Energy UK

February 22, 2017
Chemical Value Chain

Air Liquide is expanding its presence in the clean energy sector after acquiring a UK-based natural gas infrastructure development firm and securing its place in a UK Government scheme worth £20m ($25m).

Air Liquide has completed the takeover of ENN Clean Energy UK, a subsidiary of China’s largest privately-owned energy company ENN Group. Financial details were not disclosed.

Under the deal, the Tier One player has added ENN Clean Energy’s natural gas stations in Wellington, Portbury and Huntingdon to its European network of over 60 bio-NGV (natural gas for vehicles) stations.

The sites will predominantly be supplied by Air Liquide’s biogas purification units in the UK, France and Sweden. Through these units, the industrial gas giant is already present in the field of biomethane production for gas grids, with this latest acquisition reinforcing its foothold in the industry.

A media release explained, “This acquisition marks an additional step in Air Liquide’s development of transportation solutions that reduce carbon dioxide (CO2) emissions from well-to-wheel in the UK.”

In addition, a project led by Air Liquide has been selected to be part of a UK Government programme worth £20m ($25m) to help the European country meet its CO2 reduction targets.

Under the scheme, which starts in April 2017, the France-based corporation will trial a fleet of 86 gas-powered trucks.

Five trucks fitted with cryogenic refrigerating units for cold storage truck transport using Air Liquide’s liquid nitrogen (N2) solutions blueezeTM instead of diesel will also be tested in the pilot project.

By Rhea Healy

Source: gasworld

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