13 June 2024
John Cockerill to raise 230m€ of equity from strategic partner SLB and several investors to accelerate the deployment of its electrolyzers strategy
John Cockerill and its subsidiary John Cockerill Hydrogen, announced the signing of binding commitments by SLB (NYSE: SLB), a global energy technology company, SFPIM and Wallonie Entreprendre (WE), two leading Belgian public investment institutions, and international industrial-oriented family offices to participate to a 230M€ capital increase of John Cockerill Hydrogen. SLB is acting as lead investor in John Cockerill Hydrogen’s capital funding round, targeted for completion by the end of June 2024.