NewFortress Energy 2Q23 Results
Appendix - Hydrogen Update
ZeroParks: A pure-play, green hydrogen infrastructure company
We've laid out a simple and effective business model to develop a leading green hydrogen business in the U.S.
Our business model
1. Identify & secure
best sites in the U.S.
Near large and diverse end-users
Access to long-term,
affordable renewable power
Compelling logistics: pipelines,
railroads, deep water ports
2. Act on major
decarbonization
opportunity
Focus on hard-to-abate sectors
of the economy that cannot be
directly electrified
These comprise majority of
point-source emitters in the
United States (i)
(i) U.S. Environmental Protection Agency (EPA), Greenhouse Gas Reporting Program (GHGRP)
3. Develop portfolio
of hydrogen parks
Become the largest and most
valuable clean hydrogen
business in the United States
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