Hong Kong's Hans Energy acquires majority stake in Citybus parent, Bravo Transport, for HKD2.72 billion, with plans to vertically integrate renewable energy and hydrogen-fueled vehicles.
Hong Kong's Hans Energy acquires majority stake in Citybus parent, Bravo Transport, for HKD2.72 billion, aiming to vertically integrate the energy supplier and key end-user, accelerating the adoption of hydrogen-fueled vehicles in Hong Kong. Hans Energy focuses on renewable energy to align with Citybus's goal of net-zero emissions. This move supports Hong Kong's climate action plan to reach carbon neutrality by 2050.
May 24, 2024
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