OCP Group

OCP Group Jorf Lasfar Project - PTX Development Fund Grant

Borrower(s)
OCP Group
Industry
Renewable energy/Renewables (other)
Area of finance
Development Bank Finance
Region
Africa
Africa
Countries
Morocco

Project Overview

Germany has awarded a €30 million ($31.26 million) non-refundable grant to support a green hydrogen project in Morocco, which is set to produce 100,000 tonnes of green ammonia annually. The grant, sourced from the PtX Development Fund, will fuel the Jorf Lasfar project, an initiative...

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Deal Volume
$31.11m
Financial Close
13/02/2025
Dealmakers
Sources

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