hyphen-hydrogen-energy-secures-e5m-loan-for-namibian-green-hydrogen-project

Hyphen Hydrogen Energy secures €5m loan for Namibian green hydrogen project

By Charlie Currie on Dec 07, 2023

Hyphen Hydrogen Energy and the Development Bank of South Africa (DBSA) have closed a €5m ($5.4m) project preparation funding loan for Hyphen’s $10bn Namibian green hydrogen project.

The loan, announced at COP28, is set to be used for the partial funding of engineering, environmental and socio-economic work for the project’s development up to the final investment decision (FID).

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Hyphen Hydrogen Energy secures €5m loan for Namibian green hydrogen project

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Hyphen Hydrogen Energy secures €5m loan for Namibian green hydrogen project

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