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BNP and CIBC to lead financing of major German hydrogen project

(Bloomberg) -- BNP Paribas SA and Canadian Imperial Bank of Commerce are among banks that have committed to backing one of Germany’s largest hydrogen projects.

The decision is a sign that startup HH2E AG is seen as bankable and takes it closer to its aim of a final investment decision on its 100-megawatts green hydrogen production plant in the Baltic port of Lubmin by October.

 

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