Tree Energy Solutions (TES), a Netherlands-based green energy company focused on electric natural gas (e-NG) derived from green hydrogen, has raised EUR 140 million (USD 151.7m) in an upsized third funding round to advance the development of its global portfolio of green energy production and import projects.

TES seeks to deploy giga-scale projects using solar and wind energy in low-cost areas to produce green hydrogen which is combined with climate-neutral carbon dioxide and transformed into e-NG.