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Utah project claimed as largest green hydrogen storage hub planned globally will get loan funding from the US Department of Energy.
Led by Willkie Farr & Gallagher LLP, private equity fund Haddington Ventures announced Thursday it is providing $650 million in construction equity for a green hydrogen storage hub in Utah being developed by a Mitsubishi Power Americas venture.
A coal plant that powers L.A. is being converted to green hydrogen.
Project leaders worried recent state laws would impact financing for their transition to clean energy.
The latest Utah news for Thursday morning, April 28, 2022