Johnson Matthey secures $400m government-backed loan for hydrogen research push

Cecilia Keating
clock • 4 min read
Credit: Johnson Matthey
Image:

Credit: Johnson Matthey

UK Export Finance hails transaction as 'biggest single investment' to date in a hydrogen-focused company, as new report from Wood Mackenzie predicts demand for hydrogen will soar 223-fold by 2050

Industrial group Johnson Matthey has secured a $400m sustainability-linked loan backed by the UK government that will enable it to boost research and development (R&D) of hydrogen technologies that can...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

We need the transition to a low-carbon economy to reverse historic injustices

Why the Women in Green Business Awards is more important than ever

More on Energy

Port of Montrose tipped to become 'one of the world's largest' offshore wind hubs
Energy

Port of Montrose tipped to become 'one of the world's largest' offshore wind hubs

New £5m floating wind investment and selection as Berwick Bank B operations base expected to create almost 200 new clean energy jobs at Port of Montrose

Stuart Stone
Stuart Stone
clock 29 September 2026 • 3 min read
Reports: Andy Burnham to announce government grid investment
Energy

Reports: Andy Burnham to announce government grid investment

Prime Minister set to unveil plans for new GB Grid venture to accelerate grid development and support push to increase public control over key utilities

James Murray
James Murray
clock 29 September 2026 • 5 min read
Landlords urge government to produce roadmap for delivering on rented property efficiency standards
Energy

Landlords urge government to produce roadmap for delivering on rented property efficiency standards

National Residential Landlords Association argues expanded skills base and accessible finance required if demanding targets to improve inefficient properties are to be met

James Murray
James Murray
clock 28 September 2026 • 3 min read