Global Infrastructure SherpaH2 Green Steel Secures €4.75 Billion Financing for Green Steel Plant
EUR4750M
Deal Value
H2 Green Steel secured €4.75 billion in financing for its green steel plant in Boden, Sweden. The financing round included investments from Baillie Gifford, GIC, Hy24, Just Climate, Temasek, Altor, Kinnevik, and Vargas Holding.
Timeline
Announced
Apr 26, 2024
Signed
Closed
Counterparts (9)
Investor
GIC
GIC is a global long-term investor established in 1981 to manage Singapore’s foreign reserves. They ...
Just Climate
Just Climate is an investment platform focused on climate-led investing, aiming to address climate c...
Altor
Altor is a private equity firm focused on investments in the Nordic region. They target mid-sized co...
Baillie Gifford
Baillie Gifford is a long-term investment manager dedicated to discovering innovations and changemak...
Vargas Holding
Vargas Holding is a Swedish company focused on building large-scale companies that address societal ...
Kinnevik
Kinnevik is a Swedish investment company that focuses on building digital consumer businesses. While...
Hy24
Hy24 is a clean hydrogen investment platform that aims to accelerate the transition to a low-carbon ...
Temasek Holdings
Temasek Holdings is a Singaporean sovereign wealth fund that invests globally across a variety of se...
Market Context
This deal is part of the Hydrogen sector in Sweden.
110
Hydrogen deals
45
deals in Sweden
Source
www.chemanalyst.com
1 of 110 Hydrogen deals tracked this month · Updated daily