Baker Hughes Takes Equity Stake, Becomes Core Technology Supplier to Hydrostor’s A-CAES Projects

Overview

• The move extends Baker Hughes’ 2019 investment into a strategic technology solutions and equity partnership.
• Baker Hughes will integrate compression, expander, motor and generator systems into Hydrostor’s core A-CAES design.
• Hydrostor reports its flagship plants in the United States and Australia are approaching construction.
• Company leaders said the long-duration storage platform can bolster reliability and cut emissions as power demand grows, including from AI data centers.
• The deal was unveiled at Baker Hughes’ annual meeting in Florence, with Hydrostor highlighting institutional backing and a pipeline across North America, Australia and Europe.