Green funding of Topsoe's
future Power-to-X plant

Diverse brintrør på en fabrik.

Green funding of Topsoe’s future Power-to-X plant

Nordea, SEB and Denmark’s Export and Investment Fund have concluded an agreement on the funding of Topsoe’s future plant in Herning, which will supply electrolysers for Power-to-X.

The plant will be the world’s first industry-scale SOEC production plant (Solid Oxide Electrolysis Cell) and is expected to be fully operational in 2025 with an annual capacity of 500MW.

The green loan facility amounts to DKK 1 billion.

Accura advised Nordea and SEB in connection with the establishment of the green loan facility, which meets the EU taxonomy requirements for the funding of eligible investments qualifying as environmentally sustainable.