KGAL has been commissioned to manage the PtX Development Fund on behalf of German KfW Bankengruppe, one of the world's leading promotional banks. This fund promotes green hydrogen projects in developing and emerging economies, KGAL said in a statement on 26 October. The PtX Development Fund (PtX stands for Power-to-X), financed by the German Federal Ministry for Economic Cooperation and Development (BMZ), will provide financial support for public organisations and private companies to develop the green hydrogen value chain. This fund is primarily aimed at developing and emerging ...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
