US electrolyser maker Electric Hydrogen gets USD-100m HSBC-led loan
- Admin
- May 9, 2024
- 1 min read
Massachusetts-based Electric Hydrogen secures USD 100 million credit facility for hydrogen production. The company's CFO, Derek Warnick, views this as a significant milestone in their business development with support from major banks. Electric Hydrogen's gigafactory in Devens is set to ship electrolyser stacks to Texas. The company has received substantial financing and is positioned to deliver gigawatts of electrolyser plants for decarbonisation goals.
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