Fundraising FoxMagnum Development
Delta, US · 1 known investors
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Magnum Development operates the Western Energy Hub in Delta, Utah, using a large underground salt formation to store liquids and gases such as utility-scale hydrogen produced from renewable energy. A wholly owned subsidiary of Chevron, it develops energy storage and distribution infrastructure, including the ACES Delta hydrogen joint venture with Mitsubishi Power Americas.
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Frequently asked questions
- What does Magnum Development do?
- Magnum Development operates the Western Energy Hub in Delta, Utah, using a large underground salt formation to store liquids and gases such as utility-scale hydrogen produced from renewable energy. A wholly owned subsidiary of Chevron, it develops energy storage and distribution infrastructure, including the ACES Delta hydrogen joint venture with Mitsubishi Power Americas.
- Who are Magnum Development's investors?
- Magnum Development's investors include Haddington Ventures, L.L.C..
- Where is Magnum Development headquartered?
- Magnum Development is headquartered in Delta, US.