Hazer Group advances its partnership with Engie for its facility in France

Hazer Group Ltd (ASX: HZR) announces that it has extended its existing non-binding Memorandum of Understanding with ENGIE SA, a French global multi-national utility company, to advance the building of the first Hazer facility in Europe.

In accordance with the expanded contract, Hazer and ENGIE have agreed to cooperate to create the Project Development Plan  for a clean hydrogen and graphitic carbon production facility based on Hazer's patented technology, to be situated at the current LNG import and regasification terminal in Montoir-de-Bretagne, France. The terminal is owned and run by ELENGY, a subsidiary of ENGIE. The projected production facility, H2Montoir, aims to have an initial hydrogen production capacity of at least 2,500 tonnes per year. The hydrogen generated will be used for transportation and industrial uses.

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