Johnson Matthey is focused on hydrogen after exiting the battery sector
Johnson Matthey secures £400mn loan for hydrogen push
UK technology company banks state cash and raises funds through sustainable bond issue
Technology company Johnson Matthey has secured a £400mn ($530mn) UK government-backed loan to support its push into green hydrogen. The loan is being made by the government’s UK Export Finance agency via its export development guarantee scheme. The scheme aims to boost exports of key technologies. “Investments in hydrogen technologies will blast domestic energy production higher than ever—securing the future supply of cleaner energy at home and helping us to export abroad,” says UK international trade secretary Anne-Marie Trevelyan. In a separate but simultaneous fundraising action, the firm has issued €315mn ($344mn) of sustainability linked private placement notes. A private placement is a
Also in this section
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
13 May 2025
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
12 May 2025
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
