Trafigura increases stake in H2 Energy Europe

October 11, 2023

Singaporean commodities giant Trafigura has increased its stake in green hydrogen developer H2 Energy Europe to become the company’s majority owner.

Trafigura said the deal would support its expansion in Europe and give H2 Energy the capacity to deliver major investments in green hydrogen production and infrastructure projects. H2 Energy is planning to take a final investment decision on a 1GW green hydrogen facility in Esbjerg, Denmark, in 2024.

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