CFM closes ZAR 3 billion hydrogen fund in South Africa
Climate Fund Managers (CFM) has announced the first close of the SA-H2 fund with commitments of approximately ZAR 3 billion in South Africa. The fund will invest in large-scale energy-transition projects across the green hydrogen value chain, including green hydrogen, green ammonia, green methanol and industrial decarbonisation. The fund comprises a development tranche alongside blended equity tranches.
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