Allianz-Backed Green Hydrogen Developer Betting on Brazil
- Fuella first to reserve land at Port of Acu’s hydrogen hub
- Port operator Prumo negotiating with other hydrogen producers
The Port of Acu, northern Rio de Janeiro.
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A Norwegian renewable energy company backed by Allianz Capital Partners is targeting a green hydrogen project in Brazil.
Fuella AS has reserved acreage at a hydrogen hub at the Port of Acu in northern Rio de Janeiro state and will make a final investment decision on a 400,000-ton-a-year green ammonia plant within four years, said Mauro Andrade, the executive director of business development at Prumo Logistica SA, which operates the port.