Tree Energy Solutions and Fortescue Future Industries team up to develop green hydrogen integrated project
10/5/2022
Press Release - Tree Energy Solutions / Fortescue Future Industries Fortescue Future Industries and Tree Energy Solutions have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis and to bring green molecules to Europe. The first phase of this partnership is to jointly develop and invest in the supply of 300,000 tonnes of green hydrogen with final locations being currently agreed. FID target 2023 FFI and TES have agreed terms for FFI to make an equity investment of €30m to become a strategic shareholder in TES and to invest €100m for a significant stake in the construction of the TES import terminal in