NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingAnnouncedDecember 8, 2022

Mega-scale green hydrogen plant — 200+ tpd green H2 + 1.4 GW co-located wind+solar (nation's largest green H2 plant)

Air Products + AES JV: $4B green hydrogen mega-project in Wilbarger County TX. 200+ tpd green H2 backed by 1.4 GW co-located wind+solar — nation's largest green H2 plant. 50/50 JV; Air Products is 30-yr exclusive offtaker. Enabled by IRA hydrogen tax credit (45V). COD targeted 2027.

$4.00B

Deal Value

1,400MW

Capacity

Hydrogen & Fuel Cells

Technology

TX

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Air Products (50% / 30-yr exclusive offtaker) + AES Corporation (50%)
Buyer / Financier
Air Products (30-yr exclusive)
Offtaker
Air Products (30-yr exclusive)
Deal Value
$4B
Stage
Development
ISO/RTO
ERCOT

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