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Fortescue Buys 60% Stake in Green Hydrogen Firm HyET, Finances Solar Module Facility

FFI aims to supply 15 million tons of green hydrogen globally by 2030

October 11, 2021

/ Arjun Joshi
/ Finance and M&A, Other
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Australia-based Fortescue Future Industries (FFI) has acquired a 60 % stake in the Dutch-based High yield Energy Technologies (HyET) Group. FFI also provided the majority share of financing for expanding HyET Solar’s Dutch Solar PV factory.

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Arjun Joshi

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AcquisitionAustraliaFFIGreen HydrogenHyET
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