Photo via Nikola Corp.
By Amy Edelen | Phoenix Business Journal
An Australian-based green energy company has acquired Nikola Corp.’s planned hydrogen hub project in Buckeye.
Fortescue Future Industries (FFI) paid $24 million for the assets of Phoenix Hydrogen Hub LLC, a holding company formed by Nikola (Nasdaq: NKLA) that owns the 1,000-acre site on which the hydrogen hub is to be built. The sale closed July 3, according to Nikola.
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