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03 Oct
18:42

Fortescue invests in Electric Hydrogen as they ink 1 GW procurement deal

Australia’s Fortescue has led the $380 million Series C funding round of US-based Electric Hydrogen (EH2), as the companies ink a 1-gigawatt procurement deal, Kallanish reports. The undisclosed investment was completed in June, Fortescue said in a statement on Tuesday. The financing round also included investment from Fifth Wall, Energy Impact Partners, bp Ventures, Oman Investment Authority, Temasek, and Microsoft’s Climate Innovation Fund. The fun…
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