Babcock & wilcox, general hydrogen corp. agree to key terms for sale of carbon-negative hydrogen and co2 produced from biomass at louisiana plant

Akron, ohio--(business wire)---- $bw--babcock & wilcox (b&w) (nyse: bw) announced today that it has reached an agreement on a term sheet for general hydrogen corp., a cgi gases subsidiary, to purchase net-negative carbon intensity hydrogen from a biomass-fueled facility utilizing brightloop™ technology being developed by b&w in louisiana. as the exclusive partner within defined segments for the distribution of hydrogen produced at the plant, general hydrogen would purchase and transport off.
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