When In Nordics All Roads Lead To Vireon: H2 In Three Countries [Forbes]
MITSUI & CO LTD ADR (MITSY)
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Source: Forbes
infrastructure brand with the aim of becoming the leading operator of hydrogen refueling stations for heavy duty transport in the Nordics. Through substantial investments in land transportation infrastructure, Vireon utilizing Norwegian Hydrogen technical expertise and grants experience seeks to expedite the adoption of hydrogen-powered heavy-duty transport in the entire Nordics. It has been especially successful in winning grants that enable projects in Norway, Denmark and Finland among others, and the secret is revealed at the end. As a matter of fact, Vireon is the only company selected to build new hydrogen stations in Denmark and Finland, a network of green hydrogen refueling stations stretching from Northern Finland via Sweden and Denmark to continental Europe, establishing a vital corridor for zero-emission heavy-duty vehicles. Vireon secured €9.2 million in EU funding for seven stations. While the government funding provides about 30 to 25% of CAPEX, the rest is covered by Vir
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