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Germany: KfW provides financing to support ThyssenKrupp Nucera's export of electrolysers to Saudi Arabia

Description

On 26 May 2023, the KfW IPEX-Bank announced providing financing worth USD 325 million to a green hydrogen project in Saudi Arabia. With the financing, KfW supports the export of electrolysers by Germa...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

26 May 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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