Victory Clean Energy announces the completion of their definitive merger agreement, dated December 31, 2023, uniting VYEY formerly Victory Oilfield Tech and H2 Energy Group. The newly combined entity will operate under the name Victory Clean Energy, Inc. The merger positions Victory Clean Energy as a formidable player in the low-cost Green Hydrogen sector, focusing on decarbonization in heavy transportation and industrial Hydrogen markets. Leveraging Victory’s exposure to public capital markets and H2EG’s cutting-edge TrueGreen Hydrogen production solutions, the combined company aims to provide clean, reliable, and cost-effective energy sources to a diverse range of clients. The newly merged company is poised to realign its strategic focus, channeling efforts towards decarbonizing demanding industrial sectors through our TrueGreen Hydrogen production solutions.
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