The chemicals company owned by Sir Jim Ratcliffe has agreed to become a cornerstone investor in a new “clean” hydrogen fund that plans to list on the London Stock Exchange later this year. Ineos, which has made Monaco-based Ratcliffe one of the UK’s richest people, will invest at least £25m in HydrogenOne Capital Growth as it plans to raise a total of £250m by becoming the first hydrogen specialist to float in the UK. The world’s third-largest chemical company said the investment would open “new windows into the clean hydrogen world”, which is poised for rapid growth in the emerging green economy by replacing fossil fuels in heavy industry and long-distance transport.
Guardian 5th July 2021 read more »
Telegraph 5th July 2021 read more »
Times 6th July 2021 read more »
Ineos Energy set to help power £250m IPO of Edinburgh clean hydrogen business.
Scotsman 5th July 2021 read more »