TotalEnergies: invests in the Japan Hydrogen Fund
(CercleFinance.com) - TotalEnergies announces that it has become an investor in the 'Japan Hydrogen Fund' at the first closing, joining several major Japanese companies in this fund dedicated to the development of the low-carbon hydrogen value chain.
For its launch, the fund is initially endowed with over $400m, thanks to the participation of leading Japanese investors: Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality and Bank of Fukuoka.
This transaction is in line with our ambition to be a global player in the energy transition and will also enable us to leverage the dynamic hydrogen ecosystem of Japanese industry, said Helle Kristoffersen, Managing Director Asia and member of the Executive Committee of TotalEnergies.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
For its launch, the fund is initially endowed with over $400m, thanks to the participation of leading Japanese investors: Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality and Bank of Fukuoka.
This transaction is in line with our ambition to be a global player in the energy transition and will also enable us to leverage the dynamic hydrogen ecosystem of Japanese industry, said Helle Kristoffersen, Managing Director Asia and member of the Executive Committee of TotalEnergies.
Copyright (c) 2024 CercleFinance.com. All rights reserved.