Gordon Brothers and Nations Capital, a Gordon Brothers company, are offering for sale by private treaty the machinery and inventory related to Nikola Corporation’s hydrogen business. The assets include hydrogen-powered Class 8 trucks, equipment for fuel cell electric vehicles, and hydrogen fueling infrastructure at facilities in Arizona, California and Ontario.
The assets encompass more than $114 million in hydrogen truck raw materials, sub-assemblies and finished goods; over $7 million in equipment installed at the Hydrogen Facility for Advanced Storage Systems Testing (HyFASST) in Phoenix; more than $14 million in HYLA mobile assets; and $14 million in new, never-installed HYLA stationary hydrogen refueling equipment.
“This sale is an excellent opportunity for buyers to purchase brand-new hydrogen fuel cell electric vehicles (FCEVs), parts inventory, testing equipment, and refueling and transport systems,” Scott Ribeiro, Director, Commercial & Industrial, at Gordon Brothers, said. “As active partners with deep asset expertise, we are pleased to bring these assets to market after Nikola made the difficult decision to cease production of its hydrogen business.”
For a full listing of available assets, visit Gordon Brothers’ website.
