The European Investment Bank (“EIB”) has granted a EUR 450 million loan to support the construction of OMV’s green hydrogen production plant, which is set to significantly contribute to the decarbonization of the Schwechat refinery in Lower Austria.

With a total investment of EUR 600 million, this 140 MW plant in Bruck an der Leitha is currently under construction and scheduled to commence operations by the end of 2027. Using renewable energy, OMV will produce up to 23,000 tons of green hydrogen per year.

The new facility will enable the local production of green hydrogen and significantly enhance the sustainability of fuel and chemical products at OMV’s Schwechat refinery.

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