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H2 Green Steel has raised €1.5 billion in equity from an investor group to finance first large-scale green steel plant. Photo by Alexander Schimmeck on Unsplash.

H2 Green Steel has raised 1.5 billion to finance making of flagship green steel plant in Sweden

H2 Green Steel has raised €1.5 billion in equity from an investor group to finance its first large-scale green steel plant. The investor group co-led by Hy24 and existing partners Altor, GIC, and Just Climate. The funding round is assumed to ease creation of giga-scale electrolyzer. The transaction includes new investors Andra AP – fonden…

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