
Convion takes an important step ahead by signing a loan agreement with Nefco, the Nordic Green Bank. Nefco’s investment will help to scale up Convion’s technology and the manufacture of electrolysers for the green hydrogen economy. Nefco is a financial institution founded by the Nordic countries and it finances projects in energy efficiency, renewable energy, clean water and sanitation, waste management, and cleaner industrial processes. Convion’s solution helping decarbonization of hard-to-abate industrial sectors, is well aligned with the scope of Nefco’s portfolio and we are happy to work together in bringing green hydrogen into the mainstream, and helping industries to wean from dependence on fossil fuels and feedstocks. The financing agreement with Nefco provides an important boost for Convion in its technology commercialization efforts.
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