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Home » News » European Investment Bank Grants €180 Million Loan for Galp’s Renewable Hydrogen Project in Portugal
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European Investment Bank Grants €180 Million Loan for Galp’s Renewable Hydrogen Project in Portugal

By James RichardFebruary 27, 20252 Mins Read
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The European Investment Bank (EIB) has approved a €180 million loan for a 100MW electrolyser project at Galp’s Sines Refinery in Portugal, which aims to produce renewable hydrogen. This loan is part of a broader €430 million financing package designed to support the refinery's transformation, allowing it to play a key role in the decarbonisation

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