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Generate backs hydrogen firm Ambient

Richard Heap
May 18, 2023

Generate Capital has invested in green hydrogen developer Ambient Fuels and committed to fund up to $250m of green hydrogen infrastructure projects.

Jacob Susman, CEO of Ambient Fuels, said the funds from Generate would help Ambirne to deliver on its growing pipeline of developments: “Joining forces with a global sustainability leader such as Generate gives us access not only to the capital we need to grow our business but also to a trusted and strategic partner who is committed to our long-term success.”

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