In the UK, Essar Energy Transition (EET) has signed a sale and purchase agreement to acquire Thornton Science Park through its subsidiary EET Property Limited as part of its plan to create one of Europe’s leading energy transition hubs as part of its commitment to leading the North West’s energy transition. EET plans for Thornton Science Park to serve as an energy transition hub. Thornton Science Park will be the UK headquarters for EET including EET Fuels, which is transitioning Stanlow Manufacturing Complex to become the UK’s first low carbon refinery; EET Hydrogen, which is developing one of the first large scale, low carbon hydrogen production hubs in the world; EET Hydrogen Power, which is developing the Europe’s first hydrogen fuelled combined heat and power plant; and Stanlow Terminals Ltd, which the UK’s largest independent bulk liquid storage terminal, and is developing enabling transport and storage infrastructure for biofuels and new energies. Deepak Maheshwari, CEO, EET Fuels, said: “The acquisition of Thornton Science Park represents the latest step in our ambition to develop Europe’s foremost integrated energy transition hub. Leading by example, Essar Energy Transition is playing its part to ensure that the UK delivers on its climate change goals, enhances energy security, and maintains a strong, secure manufacturing base for fuels.”
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