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Houston American Energy Corp. enters their next stage of development with the appointment of best in industry Engineering and Service Provider
Globenewswireยท 2025-08-18 12:30
Core Insights - Houston American Energy Corp. (HUSA) and Abundia Global Impact Group (AGIG) have appointed Nexus PMG as the Engineering and Service provider for the development of AGIG's Plastics Recycling Facility and Innovation Hub in Baytown, TX [1][2] - Nexus PMG will provide front-end engineering and project de-risking services, which are expected to accelerate the project's development [2] - The partnership aims to create advanced technology solutions for the renewable energy industry, focusing on reducing plastic waste and advancing decarbonization in fuels and chemicals [3] Company Overview - Houston American Energy Corp. is an independent energy company with a diversified portfolio in both conventional and renewable sectors, actively expanding into high-growth segments [4] - In July 2025, HUSA acquired AGIG, which specializes in converting waste plastics into low-carbon fuels and chemical feedstocks, reflecting HUSA's commitment to sustainable energy solutions [4] - The strategic acquisition positions HUSA to capitalize on emerging opportunities in sustainable fuels and energy transition technologies [4] Nexus PMG Overview - Nexus PMG focuses on providing advisory services to infrastructure investors, delivering technical, operational, and financial diligence on projects aimed at reducing carbon intensity [5] - The firm offers end-to-end services within targeted sectors, including development, preliminary engineering, and operational readiness [5]