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Baker Hughes Co. (BKR) Q1 2021 Earnings Call Transcript


Baker Hughes Co. (BKR) Q1 2021 Earnings Call Transcript
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Baker Hughes Co. (NYSE: BKR)
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Operator
Good day, ladies and gentlemen, and welcome to the Baker Hughes Company First Quarter 2021 Earnings Call. [Operator Instructions]. I would now like to introduce your host for today s conference, Mr. Jud Bailey, Vice President of Investor Relations. Sir, you may begin.SPONSORED:
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Plug Power, Chart Industries and Baker Hughes announce their intention to become cornerstone investors in FiveT Hydrogen Fund


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Investments intend to establish market presence for the FiveT Hydrogen Fund and enable initial stages of activity.
Combined investments of €260 million are part of a €1 billion Fund ambition, helping to drive development for climate change solutions and accelerate the energy transition to a net-zero future.
Three companies each bring financial, strategic and technical expertise to help further develop the hydrogen economy.
NEW YORK and ATLANTA and HOUSTON and LONDON, April 05, 2021 (GLOBE NEWSWIRE)  Plug Power (NASDAQ: PLUG), Chart Industries, Inc. (NYSE: GTLS) and Baker Hughes (NYSE: BKR), are announcing their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund (“FiveT” or “the Fund”), a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. ....

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