H2 Green Steel (H2GS AB) was founded in 2020 with the ambition to accelerate the decarbonisation of the steel industry, using green hydrogen. Steel, which is one of the world’s largest carbon dioxide emitters, is the company’s first business vertical. The founder and largest shareholder of H2 Green Steel is Vargas, which is also co-founder and one of the larger shareholders in Swedish battery maker Northvolt. H2 Green Steel is headquartered in Stockholm, Sweden, with its first green steel plant under development in Boden, northern Sweden. www.h2greensteel.com.
H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity...
Climate solutions-focused investment business Just Climate announced its first three investments, backing companies with solutions to decarbonise the steel industry, accelerate...
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