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Energy Sector Hydrogen Production Solutions sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Energy Sector Hydrogen Production Solutions

1.1 - About Energy Sector Hydrogen Production Solutions sector

Companies in Energy Sector Hydrogen Production Solutions design, build, and operate technologies that generate hydrogen at industrial and utility scale. They provide low‑carbon production via electrolysis and reforming with carbon capture, integrate renewable power, and deliver turnkey plants and services. Customers rely on these vendors to secure reliable, cost‑competitive hydrogen supply for fuel, chemicals, and decarbonization—key targets for M&A analysts seeking strategic buyers in hydrogen production.

Offerings typically span PEM and alkaline electrolyzers integrated with power electronics and water treatment, solid oxide systems for high‑efficiency operation, and SMR/ATR units paired with CO2 capture for blue hydrogen. Vendors also deliver biomass or waste gasification lines, purification via PSA and membranes, compression and storage balance‑of‑plant, and containerized modular generators. Many provide EPC engineering, permitting, SCADA and remote monitoring, and long‑term O&M to deliver bankable, scalable production assets.

Primary customers include utilities and renewable developers, industrial gas and chemical producers, and refiners building low‑carbon capacity. Outcomes center on reduced carbon intensity, lower levelized cost of hydrogen through efficiency and scale, improved reliability and uptime, and faster project delivery and financing readiness. These companies help buyers meet regulatory compliance, integrate with grid or on‑site renewables, and secure supply for applications such as ammonia, methanol, and mobility fueling.

2. Buyers in the Energy Sector Hydrogen Production Solutions sector

2.1 Top strategic acquirers of Energy Sector Hydrogen Production Solutions companies

Verdagy Logo

Verdagy

HQ: United States Website
  • Description: Provider of Dynamic Alkaline Water Electrolysis technology that delivers patented single-cell eDynamic electrolyzers and plant design tools to generate cost-competitive clean hydrogen at industrial scale, offering leading efficiency (41–51 kWh/kg), 100%-to-5% load flexibility in under two minutes, and lowered OpEx by eliminating stack replacements.
  • Key Products:
  • eDynamic Electrolyzer (20 MW module): Modular building block that scales to 200 MW+, operates from 100% to 5% load in <2 minutes, delivers 41–51 kWh/kg efficiency for low LCOH
  • Dynamic AWE Electrolyzers with Advanced Single Cell Architecture: Patented single-cell design enabling individual cell monitoring, highest current densities, eliminates stack replacements to cut OpEx and ensure performance guarantees
  • Energize Simulator: Proprietary software that models clean hydrogen plants, sizes solar/wind/storage/electrolysis, calculates LCOH and operating profiles, and optimizes asset returns and IRR
  • Full Plant Design Service: Pre-engineered plant layouts from 20 MW to 200 MW integrating eDynamic electrolyzers for rapid deployment of large-scale clean hydrogen facilities.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Energy Sector Hydrogen Production Solutions sector

Description: Companies in Energy Hydrogen Production and Storage Solutions design and supply equipment and turnkey systems to produce low‑carbon hydrogen and store it safely at industrial scale. Their offerings span green and blue pathways, integrating renewable power, process controls, and safety engineering to deliver dependable supply. Analysts researching strategic buyers in hydrogen production and storage will find providers focused on cost, reliability, and compliance across diverse end uses.
Orsted

Orsted

HQ: Denmark
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of clean energy solutions that develops, constructs, and operates renewable projects—including offshore wind, onshore wind, solar, and battery storage—leveraging decades of experience to supply reliable, sustainable domestic power across the United States.
  • Key Products:
  • Offshore Wind Power Solutions: Designs, builds, owns and operates large-scale offshore wind farms, deploying over 2,000 sea-based turbines to deliver cost-competitive green electricity to national grids and corporate buyers
  • Onshore Wind & Solar Energy Projects: Develops and operates land-based wind and solar installations that expand renewable generation capacity, supplying communities and businesses with reliable, sustainable power at competitive prices
  • Renewable Hydrogen Production: Implements projects that use renewable electricity to generate green hydrogen, enabling decarbonisation of heavy industry and transport through a clean fuel alternative
  • Energy Storage Systems: Deploys storage technologies that balance renewable generation, ensuring grid stability and continuous supply of sustainable energy to customers.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Energy Sector Hydrogen Production Solutions sector

3.1 - Buyout funds in the Energy Sector Hydrogen Production Solutions sector

Buyout Funds investing in Energy Sector Hydrogen Production Solutions companies

51+ funds
Description: Buyout funds focused on Energy Sector Hydrogen Production Solutions companies globally.

Brookfield Capital Partners

Website HQ: Canada
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Energy Sector Hydrogen Production Solutions
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Energy Sector Hydrogen Production Solutions sector

Growth Equity Funds in Energy Sector Hydrogen Production Solutions companies

41+ funds
Description: Growth equity funds focused on Energy Sector Hydrogen Production Solutions companies globally.

Idinvest Partners

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Energy Sector Hydrogen Production Solutions
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Energy Sector Hydrogen Production Solutions companies

4.2 - Public trading comparable groups for Energy Sector Hydrogen Production Solutions sector

Valuation benchmark group 1: Oil & Gas Processing Equipment Companies

5 companies View group →
Description: Companies in this public trading comparables group design, manufacture, lease, and operate equipment and systems that process, compress, liquefy, store, and transport hydrocarbons and industrial gases. Offerings span offshore production facilities (FPSOs), cryogenic equipment, and contract compression services. They are grouped as valuation comparables due to shared exposure to energy processing value chains, recurring O&M revenues, long-lived assets under multi-year contracts, and similar utilization-driven economics.
SBM Offshore logo

SBM Offshore

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of floating production solutions for the offshore oil and gas industry. Specializes in the design, supply, installation, operation, and life extension of floating production storage and offloading units, integrating advanced technologies for sustainable energy production.
  • Key Products:
  • Floating Production Storage and Offloading (FPSO): Integrated systems for offshore oil and gas production
  • Digital Services: Data management and IT/digital architecture solutions
  • Energy Transition Solutions: Technologies for decarbonization and renewable energy
  • Mooring Solutions: Innovative mooring systems for offshore units
  • LNG Production Units: Floating liquefied natural gas production systems.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Energy Sector Hydrogen Production Solutions sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Energy Sector Hydrogen Production Solutions sector

Who are the top strategic acquirers of Energy Sector Hydrogen Production Solutions companies?

Top strategic buyers in this sector include Verdagy, a provider of dynamic alkaline water electrolysis technology that delivers patented single-cell edynamic electrolyzers and plant design tools to generate cost-competitive clean hydrogen at industrial scale, offering leading efficiency (41–51 kwh/kg), 100%-to-5% load flexibility in under two minutes, and lowered opex by eliminating stack replacements. .

Which buyer groups are most relevant for Energy Sector Hydrogen Production Solutions companies?

Relevant strategic buyer groups similar to the Energy Sector Hydrogen Production Solutions sector include Hydrogen Production and Storage because they share similar customer segments and product capabilities.

Financial Investors in Energy Sector Hydrogen Production Solutions sector

Which are the top PE firms investing in Energy Sector Hydrogen Production Solutions companies?

Potential investors in the broader Energy Sector Hydrogen Production Solutions space include Idinvest Partners and Brookfield Capital Partners.

Who are the top buyout funds acquiring Energy Sector Hydrogen Production Solutions companies?

Active PE funds and buyout funds acquiring companies in the Energy Sector Hydrogen Production Solutions space include Brookfield Capital Partners.

Who are the top growth equity funds investing in Energy Sector Hydrogen Production Solutions companies?

Growth funds investing in the broader Energy Sector Hydrogen Production Solutions sector include Idinvest Partners.

Valuation of Companies in Energy Sector Hydrogen Production Solutions sector

Which are the key public companies that are relevant trading comps for Energy Sector Hydrogen Production Solutions companies?

Key trading comparable groups include SBM Offshore, a provider of floating production solutions for the offshore oil and gas industry. specializes in the design, supply, installation, operation, and life extension of floating production storage and offloading units, integrating advanced technologies for sustainable energy production..

Which are the key trading comparable groups for Energy Sector Hydrogen Production Solutions companies?

Similar trading comparable companies include Oil & Gas Processing Equipment Companies. Our platform tracks detailed trading comparable groups in the Energy Sector Hydrogen Production Solutions sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Energy Sector Hydrogen Production Solutions sector?

Our platform tracks M&A transactions in the Energy Sector Hydrogen Production Solutions sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Energy Sector Hydrogen Production Solutions?

Access recent funding rounds in the Energy Sector Hydrogen Production Solutions sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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