EIB president Werner Hoyer
EIB signs deal with Hydrogen Europe
Bank will provide financial advisory support and financing products for nascent green hydrogen projects
The European Investment Bank (EIB) has signed a deal with Hydrogen Europe—an umbrella organisation representing the EU hydrogen sector—to provide financial advisory support and financing products for nascent green hydrogen projects. The EIB can combine advisory and technical support in the initial phases of a project, followed by concrete forms of financing later on, according to the bank’s president, Werner Hoyer. “This model is perfect for the development and deployment of new breakthrough technologies, including those based on the use of hydrogen,” he says. "This model is perfect for the development and deployment of new breakthrough technologies" Hoyer, EIB The
Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment
