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Galp's Renewable Hydrogen and Biofuels Projects

Sector: Aerospace & Defense • Location: Portugal

Source: Energynews

Project
Planned

The European Investment Bank (EIB) has granted a €430 million loan to Galp to fund two strategic projects at the Sines refinery in Portugal, aimed at supporting the decarbonisation of heavy transport and aviation. These projects will transform existing infrastructure into units for renewable hydrogen and biofuel production, contributing to European climate objectives.

Status
Prospective
Sector
Aerospace & Defense, Oil and Gas, Hydrogen, Airport, Consumer Products, Government
Location
Portugal
Updated
22 Jul 2026
Source
Energynews

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The project “Galp's Renewable Hydrogen and Biofuels Projects” is an infrastructure initiative in the Aerospace & Defense sector, located in Portugal. Taiyo aggregates data on it from Energynews.

Participants

Sponsoring Agency

Company

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The European Investment Bank (EIB) has granted a €430 million loan to Galp to fund two strategic projects at the Sines refinery in Portugal, aimed at supporting the decarbonisation of heavy transport and aviation. These projects will transform existing infrastructure into units for renewable hydrogen and biofuel production, contributing to European climate objectives.

Original sector

Energy

Budget

Location

Country

Portugal

Source

Source

Energynews

URL

More Details

Record type

Project

Sector

Aerospace & Defense, Oil and Gas, Hydrogen, Airport, Consumer Products, Government

Article published date

2025-03-07

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