White Summit Capital has made a commitment to invest $267m in a green hydrogen and methanol plant in Spain, Reuters reported.
The plant will be in the port area of Gijon, and will use green hydrogen and carbon dioxide captured from nearby industries to produce e-methanol, the report stated.
A green methanol developer is nearing a deal to raise some $13m in order to build its first pilot project at an ethanol plant in Illinois.
Shell will pilot Advanced Ionics’ second-generation electrolyzer.
Capital Power has discontinued an Alberta CCS project for a natural gas plant, saying the economics did not add up.
The partnership will encourage the adoption of Nikola Class 8 zero-emission vehicles with Klean Industries’ partners and feedstock suppliers. Nikola will evaluate offtake opportunities from the company’s green hydrogen projects.
The company, whose asset footprint includes Gulf Coast hydrogen production, today priced a debt refinancing transaction with an 8.875% coupon.
A Houston-based clean hydrogen technology company is working with a boutique financial advisory firm on an approximately $100m Series C capital raise.
