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Green Hydrogen Assets Carry Similar Credit Risk to Thermal Power

22 May 2023 | Abstracted from Zawya

"Credit risks of project-financed green hydrogen assets are currently similar to those of thermal power for standalone assets, or potentially greater, according to a [rating agency] Fitch update.

"Key operating metrics will determine the success of the project and therefore whether generated cash flows are sufficient to service the debt. These will include how efficiently, and at which rate, hydrogen is produced, the plant's availability, the ability to respond to intermittent power, and the hydrogen purity levels, where this is critical.?



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