BAY MINETTE, Ala.--(BUSINESS WIRE)--

Alléo Energy, a pioneer in sustainable energy solutions, today announced a cellulose-to-hydrogen process yielding over one hundred kilograms of hydrogen per ton of cellulosic waste. Alléo’s proprietary process converts cellulosic waste into abundant carbon-negative green hydrogen, capable of achieving negative Carbon Intensity (CI) scores that surpass competing approaches. By transforming this waste into clean energy, Alléo is poised to contribute a significant step forward for the global hydrogen market, valued at $280 billion in 2025 and projected to grow at a CAGR of 9.3% through 2030.

The renewable energy requirement of the Alléo process is less than 63% of the benchmark established by water electrolysis. This efficiency enables production costs well below competing initiatives, making Alléo green H2 scalable, safe, and reliable for widespread adoption. Alléo has achieved this production in a commercial-scale reactor under multi-day operations. Alléo intends to sequester 6 kg CO2 for every kg of hydrogen produced: Alléo-produced H2 will result in a six-fold reduction in greenhouse gas emissions!

“In a few short months, we expect to begin selling H2 into the transportation market from our first commercial plant in Bay Minette. Alléo’s carbon-negative green hydrogen is sustainably abundant and doesn't require subsidies to be profitable; it’s a game-changer," said Simeon Chow, CEO of Alléo Energy. “We want to thank our investors and partners who have carried us to this point. We believe their patience will be rewarded as we execute our business plan to scale up production at multiple sites around the world.”

Alléo's Bay Minette facility in Alabama, operational since 2023, has proven its reforming technology on a commercial scale. The first reactor achieved nameplate production in Q1 2023 in liquid fuels focused operations and commissioned a second reactor in Q1 2025 demonstrating scalability, yield, safety, and reliability in multi-day continuous operations.

For more information, visit www.alleoenergy.com.

About Alléo Energy - Alléo Energy develops carbon-negative technologies to produce green hydrogen, renewable fuels (SAF), and biochar from cellulosic waste. Headquartered in Bay Minette, Alabama, the company is committed to a sustainable future through innovative, scalable solutions.

Media Contact - Tim Cayford, Alléo Energy +18653330172 tim.cayford@alleoenergy.com

BAY MINETTE, Ala.--(BUSINESS WIRE)--Jul 30, 2026--

Alléo Energy, a carbon negative green hydrogen and commodities producer, today announced the appointment of Benjamin Cowart as Chief Executive Officer. Founder Simeon Chow will serve as Founder & President. One of the most accomplished operators in renewable fuels and energy transition, Cowart brings four decades of experience building and scaling in the markets Alléo’s technology serves.

Cowart is founder of Vertex Energy, Inc., which he built ground up, took public via a 2009 reverse merger, and led as Chairman and CEO into a NASDAQ-listed leader in environmental services, advanced refining, base oil production, and renewable fuels. In this role Cowart directed more than $600 million in acquisitions and strategic capital deployment before the company was taken private by a consortium led by BlackRock. Among Vertex’s landmark assets is Shell’s former 80,000-barrel-per-day Mobile, Alabama refinery, which Cowart acquired and repositioned toward renewable fuels and on to other advanced base oil products.

For more information, visit www.alleoenergy.com.

About Alléo Energy - Alléo Energy develops carbon-negative technologies to produce green hydrogen, renewable fuels (SAF), and biochar from cellulosic waste. Headquartered in Bay Minette, Alabama, the company is committed to a sustainable future through innovative, scalable solutions.

Media Contact - Tim Cayford, Alléo Energy +18653330172 tim.cayford@alleoenergy.com