eCombustible Energy

Pamesa Group made an $11.2 million direct equity investment into eCombustible Energy in connection with the fuel supply contract.

eCombustible Energy signed a 10-year follow-on contract with Pamesa Group to supply hydrogen-based fuel for ceramic tile factories in Spain, with anticipated revenues over $500 million. Pamesa also made an $11.2 million equity investment in eCombustible.