Johnson Matthey is focused on hydrogen after exiting the battery sector
Johnson Matthey secures £400mn loan for hydrogen push
UK technology company banks state cash and raises funds through sustainable bond issue
Technology company Johnson Matthey has secured a £400mn ($530mn) UK government-backed loan to support its push into green hydrogen. The loan is being made by the government’s UK Export Finance agency via its export development guarantee scheme. The scheme aims to boost exports of key technologies. “Investments in hydrogen technologies will blast domestic energy production higher than ever—securing the future supply of cleaner energy at home and helping us to export abroad,” says UK international trade secretary Anne-Marie Trevelyan. In a separate but simultaneous fundraising action, the firm has issued €315mn ($344mn) of sustainability linked private placement notes. A private placement is a
Also in this section
11 April 2025
Tariffs and other protectionist measures raise questions about China’s plans to export green fuels and electrolysers, despite its huge cost advantages
11 April 2025
German firm reserves site for three-phase project as developers flock to Europe’s latest green hydrogen hotspot
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
7 April 2025
SAF provides a viable offtake solution for hydrogen producers and benefits from regulatory mandates and strong political support, ensuring long-term demand at higher prices
