H2 Green Steel (Debt and Equity)
Funding Details
Awarder
Inbox
Date Award
January 22, 2022
Vertical
Climate Infrastructure
Funding Amount
$4,500,000
Company Info
Founding Year
2020
Organizations Involved
BNP Paribas, Societe Generale, ING, KfW IPEX-Bank, European Investment Bank, Svensk Exportkredit, Microsoft Climate Innovation Fund, Mubea, Siemens Financial Services, European Union's Innovation Fund
Founders
Harald Mix, Carl-Erik Lagercrantz
Market
Steel Production
Location
Sweden
Coinvestors
BNP Paribas, Societe Generale, ING, KfW IPEX-Bank, European Investment Bank, Svensk Exportkredit, Microsoft Climate Innovation Fund, Mubea, Siemens Financial Services, European Union's Innovation Fund
Company Description

H2 Green Steel is a Stockholm-based steel maker specializing in building a hydrogen-powered steel plant in northern Sweden. The company aims to replace coking coal with renewable energy and hydrogen in steel production to reduce greenhouse gas emissions.

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