JUNE 28, 2021 – PRESS RELEASE: Baker Hughes Invests in Bio-methanation Technology Company Electrochaea to Expand Carbon Utilization Portfolio with Power-to-Gas Solution

MUNICH, HOUSTON and LONDON (BUSINESS WIRE) – June 28, 2021 – Baker Hughes (NYSE: BKR), an energy technology company, has announced an investment in Electrochaea, a growth stage company developing novel proprietary bio-methanation technology. Through its investment, Baker Hughes will enhance its broader carbon capture and utilization (CCU) portfolio and provide an integrated solution for customers across the carbon dioxide (CO₂) value chain to enable the production of low carbon synthetic natural gas (SNG) from captured CO₂ and green hydrogen, helping meet demand for cleaner fuels to advance the energy transition […]

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