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Fortescue, Fifth Wall and Energy Impact Partners led a $380m Series C round in Electric Hydrogen.

Synopsis

Fortescue, an integrated green technology, energy and metals company, Fifth Wall, a venture capital firm, and Energy Impact Partners, a collaborative strategic investment firm, led a $380m Series C round in Electric Hydrogen, a deep decarbonization company, with participation from bp Ventures, Oman Investment Authority, Temasek, Microsoft’s Climate Innovation Fund, the United Airlines Sustainable Flight Fund, New Legacy, Kajima Ventures, Fatima Holdings USA, Climate Pledge Fund, Equinor Ventures, Mitsubishi Heavy Industries, Rio Tinto, Breakthrough Energy Ventures, Capricorn Partners, Prelude Ventures, and S2G Ventures. “Fortescue is committed and focused on supporting the creation of green technology to help heavy industry decarbonize and producing green hydrogen at scale globally is integral to that. Electric Hydrogen, just like Fortescue, is working at the speed and scale necessary to help deliver green-hydrogen projects around the world,” Mark Hutchinson, Fortescue Energy CEO.

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