Hygo Energy Transition
Hygo Energy Transition is a Bermuda-based, privately held provider of liquefied natural gas downstream services, founded in 2016 with Stonepeak as lead investor, supplying industrial and energy customers through LNG logistics and infrastructure.
- Company typePrivate
- Founded2016
- HeadquartersHamilton, Bermuda
- Headcount51–100
- GTM typeB2B
- OfferingServices
Hygo Energy Transition firmographics
Firmographics- Name
- Hygo Energy Transition
- Website
- https://hygoenergy.com
- Company type
- Private
- Founded year
- 2016
- Headcount range
- 51–100 employees
- Short description
- Hygo Energy Transition is a Bermuda-based, privately held provider of liquefied natural gas downstream services, founded in 2016 with Stonepeak as lead investor, supplying industrial and energy customers through LNG logistics and infrastructure.
- Ownership category
- akta.pro rank
Hygo Energy Transition industry classification
Industry- Product category
- Downstream LNG and Natural Gas Services
- NAICS
- Natural Gas Distribution (2212), Natural Gas Distribution (221210), Pipeline Transportation of Natural Gas (486210)
- SIC
- Natural Gas Transmisison & Distribution (4923), Oil & Gas Field Machinery & Equipment (3533), Gas & Other Services Combined (4932)
- akta.pro primary industry
- LNG Regasification Terminals (Onshore & FSRU) (EUALAFAB)
- akta.pro secondary industries
- LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG Environmental, Safety & Compliance (Methane, Flaring, ESG, Safety Cases) (EUALAFAL), LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)
Keywords
Where Hygo Energy Transition is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Bermuda
Markets served
Hygo Energy Transition business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Personnel
Hygo Energy Transition product offering
Product offeringCore offering
Hygo Energy Transition is a provider of liquefied natural gas (LNG)-based downstream services. The company supports the LNG value chain downstream of liquefaction, delivering natural gas products and related services to industrial, commercial, and power-generation customers. Its operations are oriented toward bringing cleaner-burning natural gas to markets that traditionally rely on more carbon-intensive fuels.
Differentiator
Problem solved
Functional benefit
Products and services
- LNG Downstream Services
Companies that use Hygo Energy Transition
Customer profileIdeal customer profiles1 record
Hygo Energy Transition technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Hygo Energy Transition competitors and assessment
Company assessmentDirect peers
- Excelerate Energy: Excelerate Energy is a pure-play FSRU operator and downstream LNG infrastructure company, providing regasification services and LNG terminal solutions. Its business model, asset base (FSRUs), and target customers (gas utilities, power producers, industrial users) closely mirror Hygo's stated downstream LNG services.
- BW LNG: BW LNG is a global LNG carrier and FSRU operator with a fleet of LNG newbuilds and regasification vessels. It competes with Hygo in FSRU chartering and downstream LNG infrastructure project development.
- Höegh LNG: Höegh LNG operates a fleet of FSRUs providing floating regasification and LNG transportation services globally. It is a like-for-like competitor for FSRU-based LNG infrastructure project bids, particularly in Latin America, Europe, and the Middle East.
- Golar LNG: Golar LNG is an LNG midstream infrastructure company that owns and operates FLNG (floating LNG) vessels and has historically been a sponsor/owner of Hygo. Its FLNG and FSRU operations overlap with Hygo's downstream LNG infrastructure focus.
- New Fortress Energy: New Fortress Energy is a downstream LNG infrastructure developer and operator focused on regasification, distribution, and power generation. It directly competes with Hygo in integrated LNG-to-power solutions and FSRU-based regasification for emerging markets, including Latin America.
Emerging players
- Tellurian: Tellurian is developing the Driftwood LNG export project and integrated upstream-to-downstream natural gas production. Its integrated gas value-chain approach intersects with Hygo's downstream LNG infrastructure thesis.
- NextDecade: NextDecade is an LNG development company focused on the Rio Grande LNG export facility in Texas. As a developing LNG value-chain player, it represents a competitive entrant whose downstream commercialization overlaps with Hygo's market.
Broad incumbents
- Venture Global LNG: Venture Global LNG is one of the largest U.S. LNG export project developers, focused on liquefaction capacity. While primarily upstream/liquefaction, its integrated commercial structure (SPAs and long-term contracting) overlaps with the LNG value-chain dynamics Hygo operates within.
- Engie (LNG activities): Engie is a global energy utility with significant LNG procurement, regasification terminal operations, and downstream gas distribution activities. As a major LNG importer and infrastructure operator (notably in Brazil via Gas Natural), it is a broad competitor and customer counterparty for Hygo.
Others
- Stonepeak Infrastructure Partners: Stonepeak is a leading infrastructure investor and the lead investor in Hygo's 2016 funding round. It is a relevant comparison not as a competitor but as the sponsoring capital partner that defines Hygo's financing structure and growth runway.
Market position
Customer concentration
Hygo Energy Transition social profiles
Digital presenceHygo Energy Transition financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hygo Energy Transition leadership team
Management profileNumber of profiles
Hygo Energy Transition funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hygo Energy Transition 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 Hygo Energy Transition
What does Hygo Energy Transition do?
Hygo Energy Transition is a provider of liquefied natural gas (LNG)-based downstream services. The company supports the LNG value chain downstream of liquefaction, delivering natural gas products and related services to industrial, commercial, and power-generation customers. Its operations are oriented toward bringing cleaner-burning natural gas to markets that traditionally rely on more carbon-intensive fuels.
When was Hygo Energy Transition founded?
Hygo Energy Transition was founded in 2016. It employs 51 to 100 people.
Where is Hygo Energy Transition based?
Hygo Energy Transition is headquartered in Hamilton, Bermuda.
Who are Hygo Energy Transition's main competitors?
Direct peers on record are Excelerate Energy, BW LNG, Höegh LNG, Golar LNG and New Fortress Energy. Emerging players are Tellurian and NextDecade. Broad incumbents are Venture Global LNG and Engie (LNG activities). Stonepeak Infrastructure Partners is listed as an others.
Does Hygo Energy Transition have an API?
No public API is recorded for Hygo Energy Transition.
What industry is Hygo Energy Transition in?
Hygo Energy Transition's product category is Downstream LNG and Natural Gas Services. Its primary akta.pro industry code is EUALAFAB, LNG Regasification Terminals (Onshore & FSRU), with a secondary code of EUALAFAD, LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG). Its NAICS code is 2212 and its SIC code is 4923.