KKR teams up with Spanish renewables developer Ignis to form Ignis P2X, which will focus on providing hydrogen and derivatives for ‘industrial applications in hard-to-abate sectors’
New York-based global investment firm KKR has agreed to form a 50-50 joint venture with Spanish renewables developer Ignis — backed by €400m ($428.5m) from the US investor — to develop and build green-hydrogen-based projects for “industrial applications in hard-to-abate sectors”.
The new “platform”, named Ignis P2X, “will develop green hydrogen, ammonia, e-methanol, e-fuels and SAF [sustainable aviation fuels] production plants serving blue chip corporates active in refining, steel, chemicals, fertiliser, among other sectors, as well as traditional renewables, largely wind and solar, associated with the hydrogen and ammonia projects”, said KKR.
Tags: Hydrogen, Ignis, Ignis P2X, KKR
Recent Posts
Seafarer Wellbeing Highlighted in New Decarbonisation Guidance from ISWAN
India Outlines Green Hydrogen Strategy at World Hydrogen Summit 2025 in Rotterdam
Port of Rotterdam and EDGE Navigation Partner to Advance Liquid Hydrogen Infrastructure
Finnlines Launches Low-Carbon “Green Lane” Sea Transport Service with Up to 90% Emission Cuts
Microsoft Teams Up with NORDEN to Cut Maritime Supply Chain Emissions
Höegh Autoliners’ Fifth Aurora-Class PCTC Enters Service with Multi-Fuel Capability
Next-Gen Marine Propulsion: MAN Launches Methanol Super Engine
Port of Amsterdam Marks First Ship-to-Ship Methanol Bunkering