Magnum Development
Energy, Utilities & Waste · Utah, United States · 11-50 Employees
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Overview
Headquarters
3165 E Millrock Dr Ste 330, Holladay, Ut...Phone Number
(801) 993-7001Website
www.magnumdev.comRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Magnum Development
Magnum Development, LLC is a subsidiary of Chevron U.S.A. Inc. and is part of the Western Energy Hub located in Delta, Utah, specializing in the storage of liquid and gases. The company has developed Magnum NGLs and is involved in a joint venture with Mitsubishi Power Americas to produce utility-scale hydrogen using renewable energy. Their facilities provide scalable and reliable energy storage solutions, connecting upstream production areas with downstream customers. Magnum Development aims to support energy and economic development in the Americas West.Explore more
Magnum Development Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Magnum Development
<$5M
11-50
Private
-
2006
TJ
Tiffany JamesVice President, Project Development & Government Affairs
Company Profile Activity
Activity Insights
Magnum Development is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Magnum Development is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Magnum Development.
Magnum Development Tech Stack
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Magnum Development News & Media
Chevron Acquires Majority Stake in the Advanced Clean Energy Storage Hydrogen Project ...
Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of MagnChevron Acquires Majority Stake in the Advanced Clean Energy Storage Hydrogen Project in Delta, Utah
SAN RAMON, Calif. & HOLLADAY, Utah--(BUSINESS WIRE)--Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a majority interest in ACES Delta, LLC (ACES Delta), which is a joint venture between Mitsubishi Power Americas, Inc. (Mitsubishi Power) and Magnum Development. ACES Delta is developing the Advanced Clean Energy Storage project in Delta, Utah. ThUS DOE Closes $504.4 Million Loan to Advanced Clean Energy Storage Project ... - Business Wire
U.S. DOE closes $504.4 million loan to Advanced Clean Energy Storage project for world’s largest industrial green hydrogen facility.US DOE Closes $504.4 Million Loan to Advanced Clean Energy Storage Project for Hydrogen Production and Storage
SALT LAKE CITY--(BUSINESS WIRE)-- #ChangeInPower--U.S. DOE closes $504.4 million loan to Advanced Clean Energy Storage project for world’s largest industrial green hydrogen facility.
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Magnum Development, LLC is a subsidiary of Chevron U.S.A. Inc. and is part of the Western Energy Hub located in Delta, Utah, specializing in the storage of liquid and gases. The company has developed Magnum NGLs and is involved in a joint venture with Mitsubishi Power Americas to produce utility-scale hydrogen using renewable energy. Their faciliti... Read More
