Investment in HIF Global and participation in Haru Oni eFuels plant development in Chile

HIF Global is a leading eFuels company focused on developing, building, and operating facilities that produce green hydrogen and synthetic fuels (eFuels) from renewable energy and captured CO2. Their strategy involves global expansion of these large-scale industrial projects to decarbonize transportation and other hard-to-abate sectors.

Copec S.A. is a leading Chilean energy and retail company, primarily engaged in the distribution and commercialization of fuels, lubricants, and convenience store services across Latin America. It is actively diversifying into new energy solutions, including electric mobility and green hydrogen, to support the regional energy transition.