KGAL to manage green hydrogen fund for German KfW Bankengruppe

Mark Battersby
clock • 2 min read

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 ...

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