Climate Fund Managers have raised $182 million for the SA-H2 Fund, strengthening efforts to develop South Africa’s emerging green hydrogen industry. The blended-finance vehicle is designed to reduce early-stage project risks and attract additional investment into clean-energy infrastructure.
The fund is managed by Climate Fund Managers in partnership with Invest International and targets projects across South Africa’s green hydrogen value chain. SA-H2 has already backed major initiatives, including Hive Hydrogen’s planned large-scale green ammonia facility, highlighting the fund’s role in advancing the country’s energy transition and supporting the development of a low-carbon industrial economy.
Reference: ESG News