Global Infrastructure Sherpa
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Castellón Green Hydrogen SL
Castellón Green Hydrogen SL is a joint venture formed by BP España and Iberdrola Clientes in 2022 to develop a large-scale green hydrogen production plant at BP's Castellón refinery in Spain. The project, part of the HyVal initiative, aims to decarbonize industrial processes and contribute to the region's energy transition goals.
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Green Hydrogen Project CompanyDeveloperOperator
Strategic Overview
- Focus on industrial decarbonization through green hydrogen production.
- Leveraging existing industrial infrastructure (BP refinery) for project integration.
- Contribution to regional hydrogen ecosystem development (HyVal initiative in Valencia Community).
Deal Activity from Public Sources
Formation of Castellón Green Hydrogen SL joint venture by BP España and Iberdrola Clientes to develop a 20 MW green hydrogen production plant at BP's Castellón refinery.
Investment Focus
Technologies
Hydrogen1
Geography
Spain1
Track Record
20
MW Total
1
Deals Completed
2
Years Active
€M70M
Total Value
Notable projects: HyVal Green Hydrogen Project at BP Castellón refinery
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage