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Hexagon Agility receives significant order from Certarus for Mobile Pipeline modules to service data center demand
03 Jul 2026 20:37 CEST
Issuer
Hexagon Composites ASA
3 July 2026: Hexagon Agility, a subsidiary of Hexagon Composites, has received
the largest single order for Mobile Pipeline[®] modules to date, from Certarus,
the North American leader in mobile compressed natural gas (CNG) solutions.
The order represents an estimated value of USD 100 million (approx. NOK 1
billion), and includes an option to purchase additional modules valued at up to
USD 25 million (approx. NOK 250 million) by 2028.
The Mobile Pipeline TITAN[®] 450 and newly launched TITAN[®] 510 modules will
support Certarus' growing fleet and serve newly awarded contracts, providing
reliable CNG supply for hyperscale data center projects and increasing demand in
numerous industrial markets. The TITAN 510 module represents the latest product
innovation from Hexagon Agility, developed to meet emerging opportunities from
large scale, energy-intensive applications such as data centers, offering a 13%
volume increase compared to the TITAN 450.
"We're proud to continue building on our more than decade-long collaboration
with Certarus, developing technology to address critical infrastructure gaps in
how energy is delivered," said Philipp Schramm, CEO of Hexagon Composites. "It
is very encouraging to see our long-term focus on innovation directly supporting
emerging, energy-intensive applications such as data centers, while remaining
fully mobile and redeployable as our customers' requirements continue to
evolve."
About the market
The structural demand for virtual pipeline solutions continues to grow within
several industries, including utilities, mining, renewable natural gas, and data
centers. Data centers are among the fastest-growing sources of energy demand in
the United States, driven by continued growth in cloud computing and artificial
intelligence workloads. At the same time, energy infrastructure development
continues to lag demand, with grid interconnection timelines frequently
exceeding four years in many U.S. regions. This increasing gap between rapid
data center deployment and infrastructure availability is driving demand for
flexible, interim energy solutions to support start-up power and maintain
critical systems.
Hexagon Agility's Mobile Pipeline solutions have the largest gas transport
capacity in North America and are the most efficient solution to address grid
infrastructure gaps worldwide, by enabling the delivery of large volumes of
energy without the need for fixed pipelines.
Timing
Deliveries under the order are expected to commence in the third quarter of
2026, with the majority completed over the following 12 months and final
deliveries by 2028.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation. This stock exchange release was published by Emily
Cherry, Communications Manager, Hexagon Composites ASA at the time and date
provided.
For more information:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Telephone: +47 988 92 161 | berit-cathrin.hoyvik@hexagongroup.com
Eirik Løhre, CFO, Hexagon Composites
Telephone: +1 704 777 5171 (US eastern time zone) | eirik.lohre@hexagongroup.com
About Certarus
Certarus, the CNG division of Superior Plus Corp. (TSX: SPB), is the mobile gas
solutions leader providing safe and reliable delivery of CNG, RNG, and hydrogen
across North America when pipeline service is unavailable or time constrained.
Serving industrials, utilities, oil and gas, mining, data centers, and energy
infrastructure, Certarus employs North America's largest network of portable
compression, logistics, mobile storage, and on-site gas systems to help
customers maximize uptime and reduce operating costs. Learn more at certarus.com
About Hexagon Agility
Hexagon Agility, a business of Hexagon Composites, is a leading global provider
of clean fuel solutions for commercial vehicles and bulk gas transportation. Its
product offerings include (renewable) natural gas bulk distribution systems of
compressed gases, lightweight Type 4 composite natural gas cylinders, and
(renewable) natural gas fuel systems. These products transport clean gaseous
fuels and enable vehicles to reduce emissions while lowering operating costs.
Learn more at hexagonagility.com (https://www.hexagonagility.com/) and follow
@HexagonAgility on LinkedIn.
About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility and industrial applications. Learn more at
hexagongroup.com (https://www.hexagongroup.com/) and follow @HexagonASA on
LinkedIn.
More information:
Access the news on Oslo Bors NewsWeb site
Fonte
Hexagon Composites ASA
Fornecedor
Oslo Børs Newspoint
Company Name
HEXAGON COMPOSITES
ISIN
NO0003067902
Símbolo
HEX
Mercado
Euronext Oslo Børs