EIB signs deal with Hydrogen Europe

Bank will provide financial advisory support and financing products for nascent green hydrogen projects

The European Investment Bank (EIB) has signed a deal with Hydrogen Europe—an umbrella organisation representing the EU hydrogen sector—to provide financial advisory support and financing products for nascent green hydrogen projects. The EIB can combine advisory and technical support in the initial phases of a project, followed by concrete forms of financing later on, according to the bank’s president, Werner Hoyer. “This model is perfect for the development and deployment of new breakthrough technologies, including those based on the use of hydrogen,” he says. "This model is perfect for the development and deployment of new breakthrough technologies" Hoyer, EIB The

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