Forrest’s green vows hit $200bn

Original article by Nick Evans
The Australian – Page: 13 & 16 : 8-Nov-21

Media analysis reveals that Fortescue Future Industries has ‘inked’ agreements for hydrogen and renewable energy projects in over 20 countries over the last 18 months, with FFI being the green energy unit of Fortescue Metals Group. It has been estimated that FMG would need to find $US195 billion to pay for all the projects that its chairman Andrew Forrest has committed FFI to, while it is likely to cost even more than that to achieve FMG’s goal of producing 15 million tonnes of hydrogen a year by 2030.

CORPORATES
FORTESCUE FUTURE INDUSTRIES PTY LTD, FORTESCUE METALS GROUP LIMITED – ASX FMG

Leave a comment