OMV secures €450m EIB hydrogen loan

reNews13 Jul 2026Market
Automatically composed with AI from the cited sources

The 140MW electrolyser, under construction in Bruck an der Leitha, will produce up to 23,000 tonnes of renewable hydrogen annually and deliver it to OMV’s Schwechat refinery via a 22-kilometre pipeline, replacing fossil-based hydrogen and reducing CO₂ emissions by up to 150,000 tonnes per year. The total project cost is €600 million, of which the EIB loan covers nearly three-quarters; operations are targeted for end of 2027.