# NEOM Green Hydrogen reaches financial close on $8.4B green hydrogen plant

NEOM Green Hydrogen Company, a joint venture of Air Products, ACWA Power and NEOM, achieved financial close on the world's largest green hydrogen plant in Oxagon, Saudi Arabia, with a total investment value of USD 8.4 billion. The plant will integrate up to 4GW of solar and wind energy to produce up to 600 tonnes per day of carbon-free hydrogen.

- Type: Investment
- Announced: 2023-05-01
- Where: Oxagon, NEOM, Saudi Arabia
- Value: $8.40B
- Status: announced
- Capacity: 600 tonnes/day hydrogen
- Products: green hydrogen, green ammonia
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NEOM Green Hydrogen Company](https://endata.com/companies/59667.md)
- [ACWA Power](https://endata.com/companies/5576.md) (partner)
- [NEOM](https://endata.com/companies/9839.md) (partner)
- [Air Products and Chemicals](https://endata.com/companies/42030.md) (partner)

## Sources

- [bakerbotts.com](https://www.bakerbotts.com/news/2023/05/baker-botts-advises-air-products-and-chemicals-inc-in-achieving-full-financial-close), 2023-05-01: "Air Products and Chemicals Inc. announced on May 22, 2023, the financial close on the world’s largest green hydrogen production facility at a total investment value of USD 8.4 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.