Hexagon Composites says that it has successful completed a NOK 1.6 billion financing package with the aim to promote further organic growth.

Development will focus on hydrogen opportunities and new market development, according to the company.

‘All of Hexagon's businesses are addressing energy related opportunities and are benefiting from increased focus on lower carbon emissions,’ the company said in a press release. ‘The ongoing push towards a cleaner and safer energy future is driving strong market growth.’

‘With the recent acquisitions of Agility Fuel Solutions and Digital Wave, Hexagon has become an even stronger force in driving the energy transformation towards cleaner energy sources,’ said David Bandele, CFO of Hexagon.

This story uses material from Hexagon, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.