New partnership lays foundation for low-carbon fuel supply chain, aligning with Singapore's energy diversification goals and surging bio-energy demand
SINGAPORE, April 24, 2026 /PRNewswire/ -- GasHubUnited Utility Private Limited ("GasHub"), a subsidiary of H2G Green Limited ("H2G" or the "Company") and a Singapore-based energy solutions provider, has on 22 April 2026 signed a non-binding Memorandum of Understanding ("MOU") with SCAN Inter Public Company Limited ("SCAN Inter"), a Thailand-based Bio-LNG producer, to establish a secure upstream supply chain for Bio-Liquefied Natural Gas ("Bio-LNG") into Singapore.
The MOU comes amid global fuel crisis triggered by the ongoing Iran conflict, and rising demand for cleaner fuel options such as Bio-LNG, driven by industrial decarbonisation goals, government support for low-carbon transitions, and increased attention on energy resilience and sustainability across Southeast Asia. It marks a pivotal step in enabling the physical delivery and local adoption of Bio-LNG as a commercially viable, drop-in low-carbon fuel.
GasHub has a strong and proven track record in LNG distribution, with successful "last-mile" delivery to major industrial users in Singapore, including the aviation, food manufacturing, and engineering sectors. This experience positions the company to extend its capabilities into the bio-energy space, leveraging its existing infrastructure to integrate next-generation fuels.
The 1-year MOU outlines a shared vision for Bio-LNG deployment, technology integration, and regional energy collaboration between the two parties. Under the MOU, the parties intend to establish a strategic partnership whereby SCAN Inter shall supply Bio-LNG to GasHub for distribution in Singapore and Southeast Asia (excluding Thailand), subject to definitive agreement to be negotiated and entered into. This supply-side assurance enables GasHub to accelerate downstream discussions with industrial users and ecosystem partners, as Singapore signals increasing policy alignment around bio-energy and decarbonisation pathways.
Transforming Concept into Commitment: Validating the Bio-LNG Supply Chain
Bio-LNG is a low-carbon, renewable fuel that can significantly lower lifecycle emissions compared with conventional fossil gas because it is produced from biomethane that captures methane that would otherwise be released. Studies reveal that biogas and biomethane supply chains achieve an average of 51-70% GHG savings compared with midstream natural gas, depending on feedstock and accounting boundaries[1].
However, producing and delivering sustainable Bio-LNG at scale requires a robust supply chain from verified biomass feedstock and certified liquefaction processes to compliant logistics and end-use integration.
This is precisely what the MOU aims to establish. SCAN Inter brings the upstream production capacity and sustainability certifications, while GasHub contributes its established delivery network and regulatory infrastructure in Singapore. Together, the two partners are laying the groundwork for a reliable and scalable Bio-LNG value chain in the region.
Supporting Singapore's Low-Carbon Energy Agenda
The partnership strongly aligns with Singapore's national energy goals under the Energy Market Authority's "Four Switches" strategy[2] – Solar, Regional Power Grids, Low-Carbon Alternatives, and Natural Gas, which form Singapore's approach to the energy transition. Bio-LNG's ability to replace fossil fuels in marine, industrial, and distributed energy settings directly supports ongoing efforts under the Green Energy Transformation and the Maritime Singapore Decarbonisation Blueprint.
With the Bio-LNG supply pathway secured, GasHub is engaging with stakeholders across Singapore's energy, manufacturing, and maritime sectors to assess demand potential and co-develop deployment scenarios.
About GasHub
GasHub is a Singapore-based energy solutions provider and a subsidiary of H2G, specialising in LNG logistics, industrial decarbonisation, and clean fuel transition. With an established regulatory and operational network for last-mile LNG delivery, GasHub supports industrial users in their shift toward sustainable energy use.
About H2G
With a focus on delivering sustainable energy solutions, H2G (SGX:5AI) works to address the energy trilemma of affordability, security and sustainability, and drives the advancement of Singapore's energy security and transition to net zero. The brand stands out for deep engineering, energy, and sustainability expertise and an unwavering commitment to safety.
For more information, please visit www.h2g.green.
[1] https://pubs.rsc.org/en/content/articlehtml/2024/ee/d3ee02516k
[2] https://www.ema.gov.sg/resources/corporate-publications/annual-sustainability-report-2024-2025/four-switches-for-sg-energy-transition
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GasHub Signs Strategic Non-Binding MOU with Thailand's SCAN Inter to Accelerate Singapore's Energy Transition
ABU DHABI, UAE, June 18, 2026 /PRNewswire/ -- Robo.ai Inc. (NASDAQ: AIIO), a Nasdaq-listed UAE-based company, announced today that it has entered into an agreement to acquire 100% of the equity interests of QC Capital Limited ("Quantum Core" or "QC Capital"). Under the agreement, the total consideration for the proposed transaction is US$60 million, payable in newly issued Class B ordinary shares of Robo.ai. The consideration shares will be subject to a vesting and release schedule of up to eight years. The transaction is expected to close within 30 business days following, subject to customary closing conditions and other applicable requirements.
The proposed acquisition represents a strategic step in Robo.ai's development of a global artificial intelligence robotics network platform. QC Capital is positioned as an AI-driven technology holding and venture-building platform with capabilities across technology development, venture building and industrial investment. Through the proposed integration of QC Capital, and drawing upon Robo.ai's successful experience in acquiring AI visual data processing and compression technology company Neurovia AI, Robo.ai expects to strengthen its capabilities in technology company sourcing, capital allocation, venture incubation, cross-border mergers and acquisitions, post-investment operations and global commercialization.
Under the acquisition agreement, the transaction consideration is structured to align with long-term performance targets. The consideration shares will be released in stages and linked to the achievement of multi-year revenue targets. This structure is intended to align the release of transaction consideration with QC Capital's future business performance and the long-term interests of Robo.ai shareholders.
QC Capital's operating model is based on AI technology and operational enablement capabilities, with a focus on AI agents, vertical AI applications and industrial technology enablement for sectors including industry, transportation, embodied robotics and intelligent manufacturing. In the course of its operations, QC Capital expects to accumulate AI data, operating data from portfolio companies, post-investment operating data and market feedback data. These data resources are expected to be incorporated into its AI Investment Engine and QC Alpha™ system to support industry analysis, project screening, due diligence, risk management, post-investment management, M&A screening and portfolio optimization. This model is designed to create a long-term loop from technology capability to data assets, and from AI-assisted decision-making to revenue growth and ecosystem expansion.
QC Capital's business system includes four core areas: venture building, strategic investment, M&A platform development and AI investment technology. Its key areas of focus include AI infrastructure, smart cities, robotics and AI agents, autonomous driving and intelligent logistics, AI fintech, enterprise AI platforms and the next-generation digital economy. These areas are complementary to Robo.ai's artificial intelligence robotics network, intelligent device ecosystem and digital infrastructure strategy.
Performance Targets
Pursuant to the performance-based release mechanism stipulated in the acquisition agreement, the shares issued to QC Capital will be released over the next eight years subject to the achievement of specified revenue targets. These include, but are not limited to, a cumulative revenue milestone of approx. US$2.4 billion across 2026 and 2027, which will serve as part of the key benchmark for the phased release of the consideration shares.
Robo.ai expects that, subject to the successful closing of the transaction, successful business integration and the recognition of related revenue in accordance with applicable accounting standards, QC Capital may become an incremental platform for the Company's medium- to long-term revenue growth, industrial synergies and global AI ecosystem commercialization. These revenue targets are forward-looking in nature and do not constitute a guarantee of future performance.
Benjamin Zhai, Chief Executive Officer of Robo.ai, said, "Robo.ai is building a global artificial intelligence robotics network platform for the next generation of the intelligent economy. QC Capital is expected to bring capabilities in AI investment decision-making, data asset accumulation, venture building, M&A integration and global resource networks. Following the completion of the transaction, QC Capital is expected to serve as Robo.ai's platform for strategic holdings, venture building, investment development and data asset growth, supporting the Company's continued expansion across artificial intelligence, robotics, digital infrastructure, smart cities, intelligent mobility, low-altitude economy and the next-generation digital economy."
About QC Capital Limited
QC Capital Limited is an AI-driven technology holding and venture-building platform focused on artificial intelligence, robotics, digital infrastructure, smart cities, autonomous driving and the next-generation digital economy. Through AI technology, operational enablement capabilities, industrial operating experience, data asset accumulation and global resource networks, QC Capital seeks to identify, incubate, invest in and operate technology companies with long-term value, while supporting the development of synergies among AI technology, capital capabilities, industrial resources and data assets.
About Robo.ai Inc.
Robo.ai Inc. (NASDAQ: AIIO) is a technology company focused on building a global artificial intelligence robotics network platform. The Company focuses on artificial intelligence, robotics, intelligent devices, digital infrastructure and related technology ecosystems, with the objective of connecting technology, data, devices and industrial scenarios through an AI-driven network platform.
Forward-Looking Statements
This press release contains forward-looking statements. Actual results may differ materially from those projected. For additional information, please refer to Robo.ai Inc.'s filings with the U.S. Securities and Exchange Commission.
Media Contact
Robo.ai Inc. Corporate Communications
Email: pr@roboai.io
Website: www.roboai.io
QC Capital Limited Corporate Communications
Email: info@qccapital.io
Website: www.qccapital.io
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Robo.ai announces proposed acquisition of QC Capital, an AI-Driven technology holding and venture-building platform
