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Power2X
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Developer of renewable energy projects with a focus on green and blue hydrogen, ammonia, methanol, and biofuel production

Founded in 2020
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Company type Private Public ()
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Industry Group energy & power

Sector hydrogen

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Netherlands Netherlands
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Updated by Cleantech Group on 09/25/2023

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Date Partner Type
01/07/2025
Honeywell Honeywell
Power2X to implement Honeywell UOP’s eFiningTM methanol-to-jet processing technology in Power2X’s eFuels Rotterdam project – a large-scale production and storage hub for sustainable aviation fuel (eSAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam.
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Confirmed by Honeywell
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IPO INFORMATION

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Date Investors Type Amount
09/12/2023 Canada Pension Plan Investment Board Canada Pension Plan Investment Board (1)
Post-money valuation of
Under the terms of the deal, CPP Investments will acquire a majority interest in Power2X. Funding will be used to support green molecule projects.
Buyout / Late-Stage Private Equity $138,625,000
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