Baker Hughes Bets Big on Hydrogen Infrastructure with $13.6B Chart Industries Deal

Baker Hughes is making a bold move in the energy space with a $13.6 billion all-cash deal to acquire Chart Industries. Both companies’ boards have already signed off on the agreement, which is all about speeding up the push toward cleaner energy. By bringing together Baker Hughes’ deep experience in handling large-scale energy projects with Chart’s strong foothold in hydrogen production, LNG technology, and cryogenic systems, the combined powerhouse is setting itself up to lead the way in industrial decarbonization.

More Than Just a Merger—It’s a Strategic Power Play

At $210 per share, the offer represents a significant premium for Chart’s shareholders, but the deal isn’t just about money—it’s about teaming up to tackle the future of energy. With smart synergies on the horizon, the companies expect to unlock around $325 million in operational savings. Plus, merging their expertise will allow them to offer full-spectrum solutions for both hydrogen infrastructure and LNG technology.

The timing couldn’t be better. As industries across the board face mounting pressure to cut emissions, this new combined force is tapping into stable yet evolving industrial markets, aiming to deliver more sustainable energy options on a global scale. Chart’s extensive international presence and its know-how in energy molecule management line up perfectly with Baker Hughes’ game plan to move beyond traditional oilfield services.

What’s Next?

Of course, deals like this don’t happen overnight. The acquisition still needs to clear regulatory and shareholder approvals, but if all goes according to plan, they’re eyeing a completion date by mid-2026.

In a world where energy is rapidly evolving, this merger isn’t just about getting bigger—it’s about getting smarter, cleaner, and future-ready.