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Billionaire Eyes Washington’s Last Coal Plant for Green Hydrogen

May 13, 2022, 2:00 AM

The clean energy unit of Australia’s Fortescue Metals Group Ltd. is considering building a green hydrogen facility near Washington State’s last operating coal-fired power station.

Fortescue Future Industries entered into a binding exclusivity agreement with an industrial parknear TransAlta Corp.’s Centralia facility, which is scheduled to close in 2025, the Perth-based company said Friday in a statement. FFI said it intends to seek to employ the existing coal workforce for the proposed project.

Andrew Forrest
Source: Bloomberg

Metals miner Fortescue and its biggest shareholder, billionaire Andrew Forrest, have announced a slew of potential investments in a bid to become one of ...

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