Wood to expand its hydrogen operations with £430m UK Export Finance green loan

Wood will expand its transition to cleaner energy by capitalising on opportunities linked to hydrogen with the first ever green transition loan backed by the UK Export Finance (UKEF).

The loan, expected to be around £430m ($585m), will give Wood the financial resource to expand its green operations, particularly in the field of hydrogen, with the clean gas recognised as a key piece in the jigsaw for decarbonising the UK.

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