The European Investment Bank (EIB) has signed a €25 million venture debt financing agreement with hydrogen refueling station developer Resato Hydrogen Technology. The company, headquartered in Assen in the north of the Netherlands, will use the financing to advance the development of its proprietary technology and expand its production capacity in the coming years.Expanding its production capacity is critical to Resato’s growth plans, which include the deployment of 1,000 hydrogen refueling stations by 2030 and are aligned with the European Union’s Sustainable and Smart Mobility Strategy. This year, Resato plans to further expand its production by relocating to a newly optimized assembly plant.
