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SFPIM, the investment vehicle of the federal state, continues its purchases of strategic holdings. It is buying part of the hydrogen branch of Liège-based industrial group
Hydrogen is a potential CO2-free energy carrier for many industrial activities. H2 can also power cars, trucks and soon perhaps even airplanes. The European breakthrough depends on two things: can the hydrogen be produced and stored on a large scale and in a sustainable way, and will there be a network of regional pipelines?
In the news: Three new investors are pumping a total of
- They include publicly traded energy technology company Schlumberger (SLB), with the backing of two public investors, SFPIM and Wallonie Entreprendre. The breakdown of the total amount remains confidential, but SLB is the largest of the three investors.
- The division makes electrolysers, say generators of (green) hydrogen, and has now delivered 1,300 units worldwide.
- As a reminder, electrolysis is the chemical separation process of extracting hydrogen from water, with the help of electricity. Only when that electricity comes from a renewable source, such as wind turbines, is it referred to as green hydrogen.
Strategic anchoring
Zooming out: SFPIM also recently stepped into metals company
Another this: "But who was
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