The U.S. Department of Energy credits, combined with the other federal and private funds, will assist the company to begin production at the facility faster, said Jason Mortimer, Electric Hydrogen’s senior vice president of global sales.
The property was sold by Scannell Properties, an Indiana-based real estate firm that purchased the then-undeveloped parcel for $3 million in December 2021 from MassDevelopment.
A clean hydrogen facility under construction in Devens has been awarded a $46.3-million federal grant, weeks after the company behind the project raised $50 million in private financing.
Sterling Street Brewery, a microbrewery based in Clinton, is planning on opening a second location in Devens next year. The new location will occupy a 8,300-square-foot building in Pathway Devens.