Tallgrass Energy acquires majority in Escalante H2 Power

US oil and natural gas pipeline operator Tallgrass Energy LP acquired a 75 percent membership interest in hydrogen project developer Escalante H2 Power (EH2 Power).

“Our acquisition of a 75 percent membership interest in EH2 Power further advances our overall hydrogen development and clean energy infrastructure strategy,” said Tallgrass CEO William R. Moler in a statement.

EH2 Power is developing a hydrogen-to-power project at Tri-State Generation and Transmission Association, Inc. 's Escalante Generating Station near Prewitt, New Mexico, that converts the coal-fired power plant into a clean hydrogen-fired power generating facility.

"This marks another step forward for New Mexico’s push into a thriving clean energy future, one that builds new opportunities for communities transitioning toward new horizons," said Gov. Michelle Lujan Grisham.

"New Mexico has what it takes to become an international hydrogen hub, furthering our decarbonization and climate efforts while creating quality jobs for New Mexicans."