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kfw-issues-e24bn-loan-to-fund-germanys-9040km-hydrogen-core-network
© gerd-harder / Shutterstock
kfw-issues-e24bn-loan-to-fund-germanys-9040km-hydrogen-core-network
© gerd-harder / Shutterstock

KfW issues €24bn loan to fund Germany’s 9,040km hydrogen core network

German state-owned bank KfW has signed a €24bn ($25.3bn) loan agreement to help finance the cost of building the nation’s 9,040km hydrogen core network (HCN).

Having been given the green light for construction last month by the Federal Network Agency, transmission system operators (TSOs) were due to finance to build with capped user fees.

Read more:Germany’s hydrogen core network secures approval

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