In Spain, Review Energy reported that GeoPura has secured a $36 million green loan to expand its hydrogen-based energy services in the United Kingdom and to establish a new Danish hub supporting electrolyzers.
The financing package was jointly structured by Barclays and the Danish Export and Investment Fund (EIFO), according to the report.
The green loan will be directed toward HyMarnham Power, GeoPura’s joint venture with JG Pears, which will produce large-scale low-carbon hydrogen. The project progresses under the UK government’s Hydrogen Allocation Round 1 (HAR1) support program, highlighting how policy frameworks can accelerate new technologies to market.
HyMarnham Power will become the first HAR1-backed hydrogen plant to enter commercial operation by the end of 2025. The facility, located on a former coal power station in the East Midlands, will be transformed into a clean hydrogen hub supplying low-carbon hydrogen for GeoPura’s zero-emission power units and other applications, according to the report.
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