Green hydrogen to be a key enabler of the global Energy Transition, offers excellent solutions for decarbonisation
Actis’ track record in supporting the Energy Transition in MEA was a key factor in Egyptian government’s decision
London, Cairo, 25 August 2022: Actis, a leading global investor in sustainable infrastructure, has today announced the signing of a memorandum of understanding (MoU) with the Egyptian government for green hydrogen development.
The MoU will give Actis an entry point into what could be one of the largest hydrogen markets in the region. While not alone in pursuing green hydrogen, Egypt has a comparative advantage due to its renewable resources and proximity to European and Asian markets. This opportunity is an attractive proposition for Actis as it develops its hydrogen strategy and evolves the next generation of investment platforms.
Hydrogen…