px Group, operator of critical UK and European infrastructure sites, has announced its acquisition of a majority stake in LIFTE H2, a Germany-based leader in hydrogen engineering solutions. Dedicated to advancing Europe’s green transition, LIFTE H2 offers comprehensive hydrogen infrastructure solutions, guiding clients through every stage of their hydrogen journey, from production to utilisation in sectors like heavy transport.

With a team boasting extensive experience in hydrogen technology, including contributions to projects for industry giants like Shell, Uniper, and Siemens Energy, LIFTE H2 is recognised as a trusted partner in the European hydrogen landscape. They are actively involved in key industry associations, and their commitment to sustainable progress is evident.

This strategic partnership aligns with px Group’s long-term vision for sustainable energy infrastructure. Leveraging px Group’s engineering and operational expertise, there are plans to enhance LIFTE H2’s capabilities and potentially bring their hydrogen development knowledge to the UK, accelerating hydrogen applications in the region. Together, the combined engineering teams boast 250 capable engineers ready to tackle various hydrogen and energy transition projects.

For px Group, this move represents further expansion into continental Europe, complementing their existing operations in Norway and ongoing activities in the Netherlands, Germany, and the Nordics. Geoff Holmes, CEO of px Group, expressed enthusiasm for the partnership, highlighting the synergy between LIFTE H2’s commitment to simple, safe, and affordable solutions and px Group’s values.

Murat Aydemir, px Group’s managing director for Germany, emphasised LIFTE H2’s impressive growth and project pipeline, foreseeing the alliance’s potential to deliver even more impactful hydrogen projects. Paul Karzel, managing director at LIFTE H2, echoed this sentiment, expressing excitement about the collaboration’s ability to enhance both companies’ engineering capabilities and drive innovation in the hydrogen industry.

For more information visit www.pxlimited.com

15th April 2024