In Finland, the City of Oulu said it has signed a cooperation agreement with French company Verso Energy to build a hydrogen processing plant in Oulu. Verso Energy intends to construct a plant with a yearly production capacity of 80 000 tons of e-SAF. The estimated value of the project is $1.46 billion, and it is expected to create 250 jobs. Antoine Huard, CEO of Verso Energy, said: “Finland is a very attractive country for e-SAF production, and the Oulu site has all the qualities to be a very competitive site at the European level. We are very honored by the confidence that the elected representatives of Oulu have placed in us.” The signing of the cooperation agreement means that the City of Oulu will proceed with the zoning of the Port of Oulu green transition industrial area, and the requirements and objectives of Verso Energy and the City of Oulu will be accommodated in co-operation. Verso Energy is responsible for the surveys, plans and permits concerning its future site.
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