Hydrogen investment fund Hy24 has committed $50m to StormFisher Hydrogen to support its 1.8GW North American project pipeline.
The financing, secured through Hy24’s Clean Hydrogen Infrastructure Fund, is expected to help StormFisher’s clean energy and hydrogen projects to reach a final investment decision (FID).
The hydrogen and e-fuel developer has several facilities in Texas, Kansas, Minnesota, and Ontario, Canada. From its 1.8GW of renewable energy projects, StormFisher will produce green hydrogen, e-methanol, green ammonia, and e-methane.
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