Modern Niagara Invests in Hydron Energy
December 13, 2022 | By Logan Caswell
Hydron's technology reduces the cost of upgrading biogas to renewable natural gas and enables the deployment of small-scale plants.
Hydron Energy, a clean-tech company that is commercializing a gas upgrading solution, and Modern Niagara Group, a multi-trade contractor and building solutions company, have formed a strategic partnership designed to promote and develop waste-to-renewable natural gas (RNG) plants.
Modern Niagara’s equity investment in Hydron will be directed toward product commercialization and manufacturing development.
The partnership will accelerate Hydron’s INTRUPTor technology commercialization strategy and support the manufacturing of components in Canada.
Hydron’s INTRUPTor system reduces the cost of upgrading biogas to RNG and enables the deployment of small-scale plants.
“Modern Niagara brings experience in high volume production and value engineering, as well as access to commercial relationships,” said Hydron Energy president/CEO Soheil Khiavi in a media release. “Our shared vision will see many opportunities for commercialization of our technology as businesses across the country strive for net-zero emissions.”
“We are eager to work with Hydron to lower the cost of renewable natural gas production for customers of all sizes and scale,” said Modern Niagara CEO Brad McAninch.