Utility Global
Utility Global develops and deploys the H2Gen electrochemical platform, which produces hydrogen and capture-ready CO2 from industrial off-gases without external electricity, targeting hard-to-abate steel, refining, petrochemical, chemical, and mobility customers.
- Company typePrivate
- Founded2018
- HeadquartersHouston, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Utility Global does
Utility Global is a Houston, Delaware-incorporated, private industrial decarbonization company founded in 2018 that develops and deploys its proprietary H2Gen electrochemical platform for hard-to-abate industrial sectors. H2Gen converts water into high-purity hydrogen (fuel-cell grade, 99.995%) and a co-product CO2 stream (>95% purity in refining/petrochemical applications) using the residual electrochemical energy in industrial off-gases and biogases, without any external electricity input. The underlying eXERO (Electroless Coupled Exchange Reduction Oxidation) chemistry is implemented through proprietary ceramic-metal electrochemical cells protected by 20+ patent applications and scaled through a manufacturing partnership with Kyocera at Hendersonville, NC (initial capacity online 2026). Product configurations scale from a 50 kg/day Frontier Plant demonstration platform in Houston to 2–5 TPD commercial reactors deployed in steel, refining, petrochemical, chemical, mobility, and biogas applications.
Utility sells bespoke, project-engineered H2Gen systems directly to enterprise industrial customers (steel producers, refiners, petrochemical operators, dairy/biogas developers, mobility fleets) under multi-year contracting cycles involving FEED, demonstration, and FID phases. Go-to-market is enterprise field sales supported by former C-suite executives from Nippon Steel (Tetsuya Shioda), TotalEnergies (Eric Duchesne), and Tata Steel/ThyssenKrupp (Dr. Henrik Adam), channel partnerships for regional execution (SAMJIN E&I, Kunhwa E&C, GH EnA, Hanwha E&C in South Korea; Symbio in North American mobility), and government/municipal agreements (Seongnam). Revenue derives from hardware system sales, engineering/FEED services, and ongoing operational support; pricing is project-specific with no standardized SaaS or per-unit pricing disclosed. Total disclosed funding is $178M+ across Series B (2022), Series C (2024), and a Series D first close in February 2026 led by Ara Partners and APG Asset Management, with management indicating the Series D may be the final equity raise before commercial sustainability.
Utility Global firmographics
Firmographics- Name
- Utility Global
- Legal name
- Utility Global, Inc.
- Website
- https://utilityglobal.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Utility Global develops and deploys the H2Gen electrochemical platform, which produces hydrogen and capture-ready CO2 from industrial off-gases without external electricity, targeting hard-to-abate steel, refining, petrochemical, chemical, and mobility customers.
- Ownership category
- akta.pro rank
Utility Global industry classification
Industry- Product category
- Industrial Decarbonization / Clean Hydrogen Production Systems
- NAICS
- Industrial Gas Manufacturing (32512)
- SIC
- Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Hydrogen (Industrial & Mobility) (IMAEACAB)
- akta.pro secondary industry
- Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC)
Keywords
Where Utility Global is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Utility Global business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- H2Gen System Sales and Deployment: Utility sells or licenses its H2Gen systems to industrial customers for on-site hydrogen production and carbon capture. Revenue derives from system sales, engineering/FEED services, and ongoing operational support for deployed units. Pricing is project-specific and bespoke for each industrial customer deployment.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Utility Global product offering
Product offeringCore offering
Utility Global develops and sells H2Gen® electrochemical systems that convert water into high-purity hydrogen and a capture-ready CO2 stream using residual electrochemical energy in industrial off-gases and biogases, without requiring any external electricity. The modular, scalable systems integrate directly into existing steel, refining, petrochemical, chemical, and biogas facilities for on-site clean hydrogen production and carbon capture.
Product overview
Utility Global offers the H2Gen® technology as its primary product—a proprietary hydrogen production system that converts water into clean hydrogen and high-purity CO2 streams without electricity using an electrochemical process powered by industrial off-gases and biogases. The underlying eXERO® Technology Platform enables the zero-electricity conversion process. H2Gen systems are modular, scalable, and designed for integration into existing industrial infrastructure across hard-to-abate sectors including steel, refining, petrochemicals, chemicals, low-carbon fuels, and upstream oil and gas. The company also operates demonstration facilities including the Frontier Plant in Houston (50 kg/day capacity) and is developing multiple commercial projects globally such as Project Advantage with ArcelorMittal Brazil, Project Champion in California, and Frontier Korea in South Korea.
Differentiator
Problem solved
Functional benefit
Products and services
- H2Gen® Proprietary hydrogen production system that converts water into high-purity hydrogen and a separate high-purity CO2 stream using residual electrochemical energy in industrial off-gases and biogases, without requiring any external electricity. Designed for hard-to-abate industrial sectors including steel, refining, petrochemicals, chemicals, low-carbon fuels, and upstream oil and gas. Modular and scalable from 50 kg/day to multi-ton-per-day.
- eXERO® Technology Platform Core zero-electricity process technology platform (Electroless Coupled Exchange Reduction Oxidation) underlying H2Gen systems. Enables conversion of industrial off-gases and biogases into high-purity hydrogen without external electricity supply.
- Frontier Plant Fully operational, commercial-grade H2Gen platform located at Utility Global's Advanced Manufacturing Facility in Houston, Texas. Scaled version of 2-5 TPD commercial reactor with 50 kg/day hydrogen capacity. Serves as a test bed for customer feed gas compositions and a showcase campus for customers, investors, and partners.
Quantifiable outcome
- Project Champion achieves carbon intensity of -875 gCO2e/MJ, among the lowest ever recorded for transportation fuels (dairy biogas-to-hydrogen)
- +6 more outcomes
Companies that use Utility Global
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Utility Global technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Utility Global partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core, flagship and secondary.
- SAMJIN E&I (South Korea)coreEngineering services agreement to advance the H2Gen hydrogen production project in Daejeon, South Korea. Daejeon facility targets 3.5 TPD hydrogen for hydrogen-powered tram fleet (South Korea's first). Project progressing through front-end loading with FID targeted for June 2027.
- SAMJIN E&IcoreStrategic collaboration agreement to advance low-carbon hydrogen production projects in South Korea, including Daejeon H2Gen deployment and Frontier Korea demonstration initiative in Seongnam. Aims for fully financed FID by June 2027. Collaboration on project development, government engagement, and localization of H2Gen skid assembly to Korean industrial standards.
- Kyocera International, Inc.coreStrategic partnership for high-volume manufacturing of Utility's proprietary ceramic-metal electrochemical cells for H2Gen systems. Initial manufacturing hub established at Kyocera's Fine Ceramics facility in Hendersonville, North Carolina, with initial production capacity expected operational in 2026. Further global manufacturing expansion planned in sync with demand. Combines Utility's breakthrough materials technology with Kyocera's advanced manufacturing excellence and global presence.
- Symbio North America CorporationcoreStrategic alliance to develop zero-emission hydrogen fuel cell refuse trucks in North America. Symbio received South Coast AQMD Clean Fuels Fund grant for demonstration. Utility manages hydrogen fueling logistics and operations. Non-exclusive alliance already effective, allowing both parties to pursue additional partnerships. Initial vehicle trials planned with WM, CR&R, Cities of Los Angeles and Riverside in H1 2026.
- Seongnam Municipal Government of KoreaflagshipProject agreement signed to establish Frontier Korea H2Gen Demonstration and Certification Plant at the Seongnam Water Reclamation Center. First H2Gen deployment outside the USA. Produces fuel-cell-grade hydrogen from wastewater biogas for local hydrogen fueling station serving fuel-cell buses, trucks, and cars. Utility established Utility Korea LLC subsidiary for this initiative. FID targeted for June 2027.
- Maas Energy Works (MEW)flagshipAgreement to develop first commercial project in California using dairy digester biogas for direct hydrogen fuel production. MEW develops, builds, and operates anaerobic digesters and biogas treatment; Utility develops and operates H2Gen fuel production system. Project produces ~3 TPD carbon-negative hydrogen for heavy-duty mobility. Project Champion aims for FID following feasibility studies in 2026.
- ArcelorMittal BrazilflagshipCollaboration to deploy H2Gen system at ArcelorMittal's Juiz de Fora plant in Minas Gerais, Brazil. Project entered FEED process using blast furnace off-gas to produce 3 TPD clean hydrogen. ArcelorMittal invested $5M in Utility through its XCarb Innovation Fund. Demonstrates H2Gen integration into integrated steelmaking.
- Kunhwa E&CsecondaryJoint Project Development Agreement to deploy H2Gen technology for clean hydrogen production from biogas in South Korea. Kunhwa E&C brings local engineering expertise and infrastructure capabilities. Initial projects targeting biogas-to-hydrogen hubs for heavy mobility.
- Hanwha Corporation E&C DivisionsecondaryCollaboration to develop cost-effective clean hydrogen production using biogas from wastewater treatment facilities. Leverages Hanwha's engineering and construction capabilities in Korea's growing hydrogen economy.
- GH EnA (Korea)secondaryJoint project development in Korea to implement H2Gen projects for clean hydrogen production from biogas for mobility applications.
- Colorado School of MinessecondaryStrategic partnership for accelerated research programs. Colorado grant awarded for research to optimize eXERO technology for steel and chemical processing applications. Collaboration advances fundamental R&D for H2Gen technology.
- Rockwell AutomationsecondaryRockwell selected to automate Utility's economic clean hydrogen production systems. Control platform supports scalable, modular H2Gen systems to accelerate deployment and ensure operational reliability across commercial installations.
- South Coast Air Quality Management District (South Coast AQMD)secondaryAwarded Clean Fuels Fund grant to Symbio (with Utility as hydrogen supply partner) for hydrogen fuel cell refuse collection vehicle demonstration in South Coast Air Basin. Initial vehicle trials planned with WM, CR&R, Cities of Los Angeles and Riverside in H1 2026.
Scale indicators7 records
Recent moves9 records
Expansion highlights6 records
Utility Global competitors and assessment
Company assessmentDirect peers
- Nel ASA: Nel is a leading PEM and alkaline electrolyzer manufacturer supplying industrial-scale green hydrogen systems to refining, steel, and chemicals customers. Directly comparable to Utility Global as a hydrogen production technology vendor targeting hard-to-abate industrial offtakers.
- ITM Power: ITM Power manufactures PEM electrolyzers and refueling systems for industrial and mobility hydrogen. Competes head-to-head with Utility Global for industrial hydrogen offtake contracts where grid-power-free or off-gas-fed solutions are evaluated.
- Plug Power: Plug Power is an integrated hydrogen producer and fuel-cell systems provider with proprietary electrolyzer and liquefaction technology serving industrial and mobility customers. Overlaps with Utility in selling turnkey industrial hydrogen production, though anchored on grid/renewable powered electrolysis.
- Topsoe: Topsoe supplies SOEC electrolyzers and traditional SMR/CCS hydrogen process technology to refining and chemicals operators. Comparable to Utility in targeting the same hard-to-abate industrial customers with competing hydrogen production architectures.
- thyssenkrupp nucera: nucera is a leading alkaline and PEM electrolyzer supplier pursuing large industrial offtake in steel, refining and chemicals. Direct competitor in the industrial hydrogen plant market Utility Global addresses.
Emerging players
- C-Zero: C-Zero is a private decarbonization startup developing novel approaches to produce low-carbon hydrogen from natural gas. Comparable emerging player with a similarly disruptive non-electrolyzer hydrogen production technology competing for industrial early-adopters.
- Boston Metal: Boston Metal uses molten oxide electrolysis to decarbonize steelmaking. Compares to Utility as an electrochemical decarbonization platform targeting ArcelorMittal-class integrated steel customers with technology-led cost advantages over incumbent routes.
- LanzaTech: LanzaTech uses gas fermentation to convert waste gases (steel off-gases, biogas) into fuels and chemicals — the same off-gas-to-value problem Utility solves. Comparable in feedstock strategy and customer base (ArcelorMittal, Indian Oil) but on a biological platform.
Broad incumbents
- Air Products: Air Products is the world's largest merchant hydrogen producer and a leading EPC contractor for large-scale industrial hydrogen plants. Broad incumbent overlap with Utility at the largest industrial hydrogen offtake contracts and in CCS-coupled blue hydrogen supply.
- Linde: Linde is a global industrial gases leader with a major hydrogen production, storage, and distribution franchise serving refining and chemicals. Relevant broad incumbent competing with Utility in on-site industrial hydrogen supply and decarbonization roadmaps.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Utility Global social profiles
Digital presenceUtility Global financial estimates
Financial estimateRevenue estimate
Valuation estimate
Utility Global leadership team
Management profileNumber of profiles
Profiles12 records
Utility Global subsidiaries and ownership
Company hierarchySubsidiaries1 record
Utility Global funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Utility Global M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Utility Global
What does Utility Global do?
Utility Global develops and sells H2Gen® electrochemical systems that convert water into high-purity hydrogen and a capture-ready CO2 stream using residual electrochemical energy in industrial off-gases and biogases, without requiring any external electricity. The modular, scalable systems integrate directly into existing steel, refining, petrochemical, chemical, and biogas facilities for on-site clean hydrogen production and carbon capture.
Is Utility Global a public or private company?
Utility Global is a private company. It is classified as venture growth investor backed and is currently operating.
When was Utility Global founded?
Utility Global was founded in 2018. It employs 101 to 250 people.
Where is Utility Global based?
Utility Global is headquartered in Houston, United States, in the North America region.
How does Utility Global make money?
One revenue line is on record: H2Gen System Sales and Deployment.
Who are Utility Global's main competitors?
Direct peers on record are Nel ASA, ITM Power, Plug Power, Topsoe and thyssenkrupp nucera. Emerging players are C-Zero, Boston Metal and LanzaTech. Broad incumbents are Air Products and Linde.
Does Utility Global have an API?
No public API is recorded for Utility Global.
What industry is Utility Global in?
Utility Global's product category is Industrial Decarbonization / Clean Hydrogen Production Systems. Its primary akta.pro industry code is IMAEACAB, Hydrogen (Industrial & Mobility), with a secondary code of EUABAJAC, Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol). Its NAICS code is 32512 and its SIC code is 3620.