
FZE – Vergia AS Joint Venture
We have formed a joint venture with Vergia AS, a Norwegian green energy transition platform to develop and finance a portfolio of green hydrogen and related projects across the United Kingdom.
The venture’s first asset will be the St Austell Green Hydrogen project in Cornwall, shortlisted in April 2025 by the Department for Energy Security & Net Zero (DESNZ) in the UK Government’s second Hydrogen Allocation Round (HAR2). The proposed facility will produce green hydrogen to replace natural gas in existing and future mining operations in the St Austell area, thereby reducing local industrial emissions.
