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Nikola Corp. makes big purchase in Phoenix metro for potential expansion - Phoenix Business Journal

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The company previously said it would break ground on a hydrogen production hub on an Arizona site later this year. $NKLA phoenix

Arizona-based vehicle maker Nikola Corp. quietly purchased nearly 1,000 acres in the Phoenix metro at the end of September for $16.5 million, according to Maricopa County records.

The massive site is located at 28702 W. Patterson Road in south Buckeye just west of State Route 85 near the Arizona Department of Corrections Lewis Prison, which is one of the largest prisons in the state and houses more than 4,400 inmates.planned to break ground on a hydrogen production hub According to the Arizona Corporation Commission, Corey Hessen and Omar Khayum, senior vice president and vice president of Canada-based TC Energy, respectively, are the managers of Phoenix Hydrogen Hub LLC. Oil and gas giant TC Energyto develop large-scale hydrogen production hubs across the U.S. and Canada.

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