€250Mln Industrial gasses, Energy, and Biobased & Circular investment (2023) by Galp and EIB for Hydrogen at ZILS - Sines Industrial and Logistics Zone in Portugal

Both units represent a gross investment estimated at €650 million and will transform the Sines refinery into one of the most important low-carbon platforms in Portugal.

The projects include a 270 ktpa advanced biofuels unit, in partnership with Mitsui, and 100 MW of electrolysers for the production of green hydrogen. Both units are expected to have its first start...

The two projects, already in construction at the Sines Refinery, represent a total investment of €650 million. The Biofuels unit, financed with €250 million, will produce low-carbon fuels essential...