$8.4 billion financing for green hydrogen production facility

Jack Burke Senior Editor, Compressor Tech2

May 23, 2023

Plant being built in Saudi Arabia

NEOM Green Hydrogen Co. (NGHC) said it has achieved financial close on the world’s largest green hydrogen production facility at a total investment value of $8.4 billion.

The plant is currently being built at Oxagon, in Saudi Arabia’s region of NEOM. NGHC has also concluded the engineering, procurement, and construction…

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