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
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
