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In July, NEOM Company, Air Products and ACWA Power announced an agreement to develop the world’s first green hydrogen-based megaproject – a US$5 billion facility located at NEOM, Saudi Arabia’s city of the future.
In this article of our latest Energy & Infrastructure Insight report, we highlight the fast-growing commercial opportunity that green hydrogen presents, and financing structures that can be used to facilitate investment in projects capable of exporting this new energy source. The article explores how existing hydrocarbon supply chains can be adapted for green hydrogen going forward, and why it is therefore an attractive industry for energy players to diversify into.