Jim Ratcliffe’s Ineos backs ‘clean’ hydrogen fund planning UK float

Jim Ratcliffe’s Ineos backs ‘clean’ hydrogen fund planning UK float

Chemicals company to invest at least £25m in HydrogenOne Capital Growth as it targets green economy

The chemicals company owned by Sir Jim Ratcliffe has agreed to become a cornerstone investor in a new “clean” hydrogen fund that plans to list on the London Stock Exchange later this year.

Ineos, which has made Monaco-based Ratcliffe one of the UK’s richest people, will invest at least £25m in HydrogenOne Capital Growth as it plans to raise a total of £250m by becoming the first hydrogen specialist to float in the UK.

Continue reading…

" class="prev-article">Previous article

Leave a Reply

Your email address will not be published. Required fields are marked *

EnvironFriend

FREE
VIEW