Further investments in XGAS

Hynano AS is increasing its investment in XGAS AS, following several years of technological progress and growing international interest in renewable gas solutions. The expanded investment supports XGAS' continued development of innovative technology for sustainable energy production.

About XGAS

XGAS is a Norwegian technology company specializing in gasification processes, clean energy transformation, and advanced thermal conversion systems.

The company converts biomass and other carbon-based materials into high-purity synthesis gas (syngas), enabling efficient production of heat, power, and renewable fuels.

Its approach offers significantly lower emissions than traditional combustion-based technologies, positioning XGAS as a key contributor within the circular, low-carbon energy sector.

Purpose of the Investment

The new capital is intended to support research, pilot testing, and commercial scaling of the core XGAS technology.

Aligned With Hynano's Strategy

The investment reflects Hynano's long-term strategy of backing energy-related innovation and promoting environmentally responsible solutions in the Norwegian business sector.