Vision Energy announce new Dutch subsidiaries

Energy company, Vision Energy has announced the incorporation of new Dutch subsidiaries to accommodate strategic initiatives for prospective partners, operators and launching customers for its integrated Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands.

The company has incorporated Vision Hydrogen BV as a project development company to develop, own and operate the company’s planned ammonia cracking facility, for back-cracking imported green ammonia to hydrogen gas as a service. It is planned that the ammonia cracking facility will integrate with the company’s import, storage and handling terminal development in Vlissingen via a short pipeline enabling dedicated storage and handling capacity for imported green ammonia feedstock.

On December 2, 2022, the company entered into a memorandum of understanding with hydrogen production company, Linde Engineering in connection with a mutual interest to participate in co-investment, development and operations associated with hydrogen production through ammonia back-cracking.