India’s Hygenco May Sell 49% Stake for $125 Million, Mint Says

2445742D:IN,2193222D:JP,SIE:GR,3685355Z:SP

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Sudhi Ranjan Sen

IFC, Siemens, Fullerton may buy 49% stake in clean hydrogen maker Hygenco in $250 million deal

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Hygenco may sell a 49% stake to a consortium for $125 million, helping the Indian company to realize its goal to develop 10 gigawatts of green hydrogen production capacity by the end of the decade, Mint newspaper reported

Galp Energia SGPS SA Oil Refinery Biofuels And Green Hydrogen Plant

Hygenco Green Energies Pvt may sell a 49% stake to a consortium including the World Bank’s International Finance Corp. for $125 million, helping the Indian company to realize its goal to develop 10 gigawatts of green hydrogen production capacity by the end of the decade, Mint newspaper reported, citing unidentified people.

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