Loading...
Loading...
NGN launches green bond to support hydrogen pipeline developments

NGN launches green bond to support hydrogen pipeline developments

The British public can now invest in a hydrogen-ready network for the first time ever.

Such news was confirmed today (24th March) with the launch of a green transition bond which will help fund the upgrade of pipes to prepare the gas distribution network to transport hydrogen.

Gas distributor Northern Gas Networks (NGN) teamed up with Abundance, an ethical investment crowdfunding platform, to launch the bond.

The investment in Northern Gas Networks’ Finance Plc seeks to raise £1m ($1.3m) through a lower-risk, long term investment with returns of 1.6% a year over a 10-year term. As with all Abundance products, the minimum investment is just £5.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...