Porsche is strengthening its investment in eFuels, investing $75 million into a holding company responsible for multiple eFuel production facilities.
HIF Global LLC is a holding company of internationally active project developers of eFuel production facilities and is building the Haru Oni eFuel pilot plant in Punta Arenas, Chile. Porsche broke ground on the eFuel production facility back in September, which is nearly emissions-free thanks to the green energy used to power it. Siemens Energy and ExxonMobil have also signed on as partners for the project.
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