The developer and original owner of FlagshipONE is exploring options to keep the hydrogen-based e-fuels project alive after Ørsted stopped construction last week, H2 View has been exclusively told.
Claes Fredriksson, CEO and founder of Liquid Wind, told H2 View, “I don’t see the project as dead in any way,” adding, “I’m hoping that construction of FlagshipONE will continue as planned, with a new owner.”
Previously co-owned by Liquid Wind and Ørsted until the project’s final investment decision (FID) in 2022, Fredriksson described the move to cancel its construction as “disappointing.”
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