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Concord Blue Plans Hydrogen Plants in Germany Amid Gas Crisis

  • Waste-to-hydrogen firm seeks $600 million for new sites
  • Michigan pension fund has committed to inject $300 million
Charlie Thannhaeuser
Charlie ThannhaeuserSource: Concord Blue Energy Inc.

Waste-to-hydrogen technology firm Concord Blue Energy Inc. is seeking about $600 million to expand in Germany as the country rushes to replace Russian gas with new sources of energy and meet climate-change targets. 

The company, with dual headquarters in Los Angeles and Dusseldorf, aims to build five power plants in Germany’s industrial Northwest, founder and Chief Executive Officer Charlie Thannhaeuser said in an interview.