Air Products' $8.4B green hydrogen JV achieves financial close; 30-year off-take secured

Air Products & Chemicals, Inc.

Total project value $8.4B; $6.1B non-recourse financing from 23 banks and institutions.
Air Products is EPC contractor ($6.7B) and exclusive offtaker for all green ammonia under 30-year agreement.
Plant to produce up to 600 tonnes/day carbon-free hydrogen via 4GW solar/wind; expected on-stream by end 2026.
Air Products' equity investment ~$770M; JV owned one-third each by Air Products, ACWA Power, NEOM.
Financing certified under green loan principles; S&P Global provided second-party opinion.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.