The EIB supports Resato in advancing hydrogen refueling technology
Congratulations to WIC-member Resato! The European Investment Bank has agreed to a €25 million venture debt facility (loan) with Resato Hydrogen Technology, a developer of hydrogen refueling stations. The company will use the funds to accelerate the development of its proprietary technology and expand its production capacity over the next few years. Resato aims to deploy 1,000 hydrogen refueling stations by 2030 - And the loan seems to be a promising step toward achieving that goal. You can read the press release here.