Awarded contract for hydrogen fueling station by SSAB EMEA AB in Sweden

Where: Oxelösund, Sweden
Project desc.: Fueling for large forklifts
Product: H2Station®
Quantity: 1?
Value: Undisclosed

Oslo, 6th of February 2018
Nel Hydrogen Solutions, a division of Nel ASA (Nel, OSE:NEL), has signed a contract for a H2Station® fueling solution for SSAB EMEA AB in Sweden. The H2Station® will be used for fueling very large forklifts.

“We are very pleased to sign this agreement with SSAB EMEA in Oxelösund, an important strategic customer within the global steel industry. We see this as the first step in implementing hydrogen into the steel industry, starting with plant internal transportation” Says Jacob Krogsgaard SVP Nel Hydrogen Solutions.

The H2Station® will be installed at SSABs site in Oxelösund, Sweden, where it will serve large forklift at the local SSAB production facility. The H2Station® will be delivered already during first quarter of 2018. The sale will be structures in a leasing arrangement and the parties have agreed not to disclose the detailed contract value and other terms.