Ambient Fuels

Ambient Fuels, LLC operates as a specialized developer of green hydrogen projects tailored for heavy industry and transportation sectors aiming to decarbonize their operations. Established in 2021 by CEO Jacob Susman, the New York-based company manages the entire project lifecycle, from initial development and custom engineering to securing financing and overseeing construction. Susman, who previously founded OwnEnergy, Inc. and held roles at EDF Renewable Energy and Goldman Sachs, brings extensive experience in renewable energy and finance to the company.

The company's core business revolves around providing custom-engineered green hydrogen solutions as a full-service developer. Ambient Fuels serves industrial clients in sectors that are traditionally difficult to decarbonize, such as ammonia production, oil refining, glassmaking, and heavy transport, by offering a practical and cost-effective pathway to replace fossil fuel-based hydrogen. Its business model is structured around developing and building these green hydrogen facilities, thereby enabling customers to secure their energy supply, meet environmental standards, and benefit from the declining costs of green hydrogen. The company's approach is technology-agnostic, meaning it can integrate with any renewable energy source to produce green hydrogen, ensuring flexibility in its project designs.

A significant milestone for Ambient Fuels was securing a partnership with Generate Capital in May 2023, which included a commitment of up to $250 million to finance the development of its green hydrogen infrastructure projects. This followed a seed financing round in late 2021 led by SJF Ventures. The company actively engages with over one hundred potential customers across various heavy industries and is developing a robust pipeline of projects across the United States. This strategic positioning allows Ambient Fuels to act as a pure-play developer, unhindered by ties to specific power generation assets, and focus on placing hydrogen production where it is most needed by its industrial partners.

Keywords: green hydrogen developer, decarbonization solutions, industrial hydrogen, renewable energy projects, project financing, custom-engineered solutions, heavy industry, sustainable infrastructure, renewable hydrogen, e-fuels, energy transition, clean hydrogen, electrolysis, Jacob Susman, Generate Capital, SJF Ventures, ammonia production, oil refining, heavy transportation, low-carbon goals