Monarch Energy and LS Power Announce Green Hydrogen Partnership
Summary
"Executing one of the largest pipelines of green hydrogen projects in the US requires access to deep pools of capital, diverse skillsets, and a commitment to innovation. "Corporations and policymakers are seeking advancements in clean fuel solutions to accelerate the energy transition," said David Nanus, President of LS Power Equity Advisors. The company was founded in 2021 with a mission to transform todays hydrogen supply chain by utilizing clean molecules derived from water and zero-carbon electricity. Monarch is developing a pipeline of projects containing over 4 GW of future installed electrolyzer capacity across the United States and reduces its customers environmental footprint by providing clean alternatives to legacy feedstocks. LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms.