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Castellón Green Hydrogen S.L.

company 1 Deal 3 Partners

Castellón Green Hydrogen S.L. is a Spanish joint venture company established by BP and Iberdrola in 2022 to develop a green hydrogen production plant in Castellón, Spain. The project aims for an initial 20 MW electrolyzer capacity, with potential expansion to 115 MW, representing an initial investment of €150 million.

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Founded 2022
Green Hydrogen DeveloperDeveloperOperator

Strategic Overview

  • Focus on industrial decarbonization through green hydrogen production.
  • Leveraging existing industrial infrastructure (BP's Castellón refinery) for project development.
  • Partnership with major energy players (BP, Iberdrola) for project development and off-take.

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Investment Focus

Technologies
Hydrogen1
Geography
Spain1

Track Record

20
MW Total
1
Deals Completed
2
Years Active
€M150M
Total Value
Notable projects: Castellón Green Hydrogen Project

Detailed Analysis

Technologies
Green Hydrogen (1 deal)
Sectors
Energy TransitionUtilities
Geographies
Spain (1 deal)
Deal Stage
Greenfield

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