Essar Energy Transition acquires Thornton Science Park for $3bn, establishing a major European energy transition hub.

Essar Energy Transition (EET) has acquired Thornton Science Park, a key research and development hub in Cheshire, aiming to create one of Europe's leading energy transition hubs. The $3bn investment supports the UK's 2050 net zero emissions target and will house EET subsidiaries, including EET Fuels, EET Hydrogen, EET Hydrogen Power, and Stanlow Terminals. The acquisition aligns with EET's commitment to the North West's energy transition and supports the UK's climate change goals, energy security, and fuel manufacturing.

August 13, 2024
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