Chemical giant Linde has bought a 20% stake in UK hydrogen company ITM Power, the latter announced
on Thursday 3 October. Linde is investing £38mn and is part of the latter company’s plans to raise £52mn
in capital. ITM Power said the two parties have also entered into a 50/50 joint venture which will focus on
delivering green hydrogen to large scale industrial projects, principally those with an installed electrolyser
capacity of 10MW and above.

ITM Power