Leading European financial institutions support H2 Green Steel’s €3.5 billion debt financing
H2 Green Steel announces it has received support from leading European financial institutions for its €3.5 billion debt financing. The institutions intend to support the company and its hydrogen-powered green steel plant in Northern Sweden through debt and credit guarantees.H2 Green Steel will finance the construction of its hydrogen-powered green steel plant in Northern Sweden through a combination of equity and debt financing. The debt financing support consists of the following: · H2 Green Steel has executed conditional commitment letters for €3.3 billion in senior debt with AB