February 27, 2025 15:26 GMT
POWER: EIB Grants €180mn Loan for Galp’s 100MW Green Hydrogen Project
POWER
The EIB will provide a €180mn loan to support Galp’s 100MW green hydrogen project at the Sines Refinery in Portugal, with the unit set to go online in 2026, the EIB said.
- The project is expected to produce15,000 t/yr of green hydrogen.
- The total investment for the unit is expected at €250mn.
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