CPP Investment partners with Dutch firm Power2x to invest $189.3 million in green hydrogen sector
Canada Pension Plan Investment Board (CPP Investments), partnered with hydrogen project developer Power2X to invest approximately $189.3 million (€130 million) in green molecule projects. The term "green molecules" refers to the decarbonization of non-power, difficult-to-abate industrial processes using green hydrogen and its derivatives, such as green ammonia and green methanol.
Financing/Investment
Energy
$ 189,300,000
Active