Global Infrastructure SherpaEnagás receives ICO loan for hydrogen infrastructure development
Enagás received a €200 million loan from ICO to support the development of hydrogen infrastructure projects, including pipelines and storage facilities.
Source Intelligence
The project includes the construction of 16 supply points for fuel alternatives to traditional fuels for heavy vehicles and cars within a period of up to three years. "The ECO-net Project has won the support of different companies such as Toyota, a pioneer in introducing hydrogen-powered vehicles to the market, and institutions such as GASNAM and the European ECO-GATE project, a global action plan co-financed by the EU and promoted by a consortium of more than 20 companies for the development of CNG and LNG mobility in Europe."
"ECO-net Project, coordinated by Enagás"
"Scale Gas, a start-up established through Enagás Emprende, the Enagás corporate venturing programme, will develop the projects."
"The European Commission will support the development of 15 refuelling stations for LNG (liquefied natural gas) vehicles and one for hydrogen as part of the “ECO-net” Project, coordinated by Enagás."
"the project has a loan from the Instituto de Crédito Oficial (ICO) covering approximately 50% of the project"
"The ECO-net Project has won the support of different companies such as Toyota, a pioneer in introducing hydrogen-powered vehicles to the market"
"institutions such as GASNAM"