New Energy Opportunities Limited (“NEO” or “the Company”) has made significant strides in enhancing shareholder value by growing its group of hydrogen projects and companies.
The Company’s short-term focus is initially on shareholder liquidity, followed by a medium-term focus on building the overall group to ensure NEO experiences sustainable growth in the long-term.
Key Highlights:
- NEO acquired Oper8 Global in a A$50m deal to expand data centre capabilities.
- GreenH2 LATAM signed a distribution deal with Pure Hydrogen, potentially worth US$28m.
- New Energy Opportunities launched a global clean energy network across LATAM, Europe & Africa.
- Alpha H2 launched a trial of its on-demand hydrogen injection system with two major Mexican transport companies.
See below for a detailed update.
New Energy Opportunities Limited Acquires Oper8 Global in $50 Million Deal to Expand Data Centre Capabilities
Global clean energy investment firm, New Energy Opportunities Limited (NEO), has completed the acquisition of Oper8 Global, strengthening its position in the secure and sustainable data centre market.
The transaction has been executed through NEO investee company, VIRIDIS Green Data Centres Limited (“VIRIDIS”), positioning it to scale operations across Australia and internationally.
The deal has created a combined entity value of $50m.
Both companies will work to develop modular data centres supported by green energy microgrids.
Key Highlights:
- Brisbane Site Funded: Capital expenditure for the first site in Brisbane is fully funded, expected to come online in H2 CY25, with Letters of Intent secured from defence contractors to take full capacity.
- Proven Revenue: On track to deliver A$17m in revenue in FY25.
- Blue Chip Clients: Client engagements include CSIRO, Telstra, Vocus, Cubic Transportation Systems (Australia), Cuscal, NBN, the University of Melbourne, the Australian and Queensland Governments, the University of Canberra, Fisher & Paykel, Cloud4C and more.
- Vertically Integrated: End-to-end capabilities to design, build, operate, and maintain data centres in-house.
- Scalable Growth: Six data centres expected to be online by 2028, supported by a management team with expertise across the full value chain.
- Niche Specialist: VIRIDIS is a modular and edge data centre specialist operating in a global industry attracting over US$509 billion in investment.
- Dual Strategy: Focused on both developing VIRIDIS-owned and operated data centres, while also building and managing centres for third-party clients.
- Targeting an Untapped Market: VIRIDIS is prioritising regional Australia, where clients — particularly in defence and government — require ultra-high-security (Zone 4) data centres to be located directly on or adjacent to their sites. This strategic focus gives VIRIDIS a competitive edge in high-demand regions that are currently underserved.
GreenH2 LATAM signs distribution deal with Pure Hydrogen
GreenH2 LATAM has signed a Master Supply and Distributor Agreement (MSDA) for the supply of hydrogen infrastructure with Pure Hydrogen (ASX:PH2).
Under the terms of the MSDA, GreenH2 LATAM has advised that Pure Hydrogen is the preferred supplier on two projects in Mexico for the supply of hydrogen equipment, including four 2.5MW electrolysers, hydrogen compression and refuelling equipment, and hydrogen storage and transport equipment, valued at a total of US$28 million (~A$44 million).
The MSDA stipulates that GreenH2 LATAM will be granted exclusive distribution rights in Mexico and Colombia, with the opportunity to maintain exclusivity by generating a minimum of US$20 million in net sales revenue per year from the sale of equipment supplied by Pure Hydrogen.
Additionally, in November last year, both parties signed an agreement for the distribution of zero-emission vehicles.
New Energy Opportunities Launches Global Clean Energy Network
NEO has officially launched GreenH2 Global, a network of regional branches—GreenH2 LATAM, GreenH2 Africa, and GreenH2 Europe—established to scale its proven venture building model across key international markets.
The model has a proven track record of bringing multiple clean energy projects and technologies to market, delivering over $650 million in market capitalisation and more than $24 million in returns for shareholders.
This global launch follows the strong performance of GreenH2 LATAM, which has delivered multiple advanced clean energy projects across the region and set a blueprint for replication.
GreenH2 Global brings together over 15 clean energy professionals with teams already established in Latin America, Africa, and Europe, and is actively delivering large-scale clean energy projects with multinational firms.
NEO believes its expansion via the GreenH2 Global platform positions the company at the forefront of clean energy deployment, leveraging its international partnerships and project pipeline to create lasting environmental and economic value across continents.
Some of the key technologies it will seek to deploy:
- Alpha H2: Hydrogen injection kits that can be easily installed on trucks and buses, reducing fuel use and emissions by up to 20%.
- National H2: Waste-to-energy systems that convert plastic into usable energy.
- Liberty Hydrogen: Electrolysers for efficient and scalable green hydrogen production.
- H2i Technology: Hydrogen injection systems for heavy machinery, cutting emissions and fuel consumption by 20%.
- XtremeH2: A portfolio of electric and hydrogen-powered commercial vehicles.
- Voyager H2: Advanced exploration technology to locate natural hydrogen reserves.
- Hydrogen Plus: A wellness-focused range of hydrogen water beverages, skincare products, and baby formula.
Alpha H2 launches trial of on-demand hydrogen injection system with two major Mexican transport companies
New Energy Opportunities Limited investee, Alpha H2 Limited, a supplier of hydrogen on-demand injection systems, has begun trials with two major Mexican transport companies.
Key highlights:
- The first trial is being conducted on a truck from Traxión, one of Mexico’s leading mobility and transport providers, which operates a fleet of 10,900 vehicles.
- The second trial is being conducted on a bus from the country’s largest interstate transport company, which manages a fleet of 1,500 vehicles.
- Both trials represent a significant pipeline of 12,400 vehicles.
Alpha H2’s cutting-edge kits convert water into hydrogen on board the vehicle, which mixes with your fuel to reduce emissions & fuel costs. Its units can be used for all types of engines and applications, including trucks, boats, cars, generators, utes, vans and heavy machinery.
This trial marks a major step in Alpha H2’s expansion into the Latin American market, where the company has a growing sales pipeline. Conducted in partnership with New Energy Opportunities Limited joint venture partner in the region, GreenH2 LATAM, the trial demonstrates Alpha H2’s potential to deliver scalable fuel reduction solutions worldwide.
Outlook moving forward
Throughout the period, NEO has taken significant steps to deliver on the business strategy outlined since its inception, working toward shareholder liquidity and nurturing enterprise value through group growth.
The material progress made by the companies in the NEO group has played a key role in advancing shareholder value.
NEO will continue to work with its partners on delivering clean energy projects globally.