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NEOM eyes growth outside Saudi Arabia

October 25, 2023

Saudi Arabian firm NEOM Green Hydrogen is looking to develop additional projects in Saudi Arabia and across the Middle East and North Africa (MENA) region.

NEOM Green Hydrogen is a joint venture between ACWA Power, Air Products and NEOM; and achieved a $8.4bn financial close in May for its debut green hydrogen complex in Saudi Arabia. David Edmondson, chief executive at NEOM Green Hydrogen, said the company’s priority was on delivering its first project, but would consider investing in further similar developments in MENA.

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