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Thyssenkrupp lists its hydrogen business, Thyssenkrupp Nucera, on Frankfurt Stock Exchange, raising €526M for further growth; Saudi Arabian sovereign wealth fund PIF and a BNP Paribas fund also secure considerable share of issue as cornerstone investors

Thyssenkrupp sets €20 launch price for each share of its electrolysis plant business Nucera, with company capitalization of €2.53B; Italian partner Industrie De Nora and others will purchase over 11 million shares, with trading starting July 7

Thyssenkrupp starts IPO process for hydrogen business Nucera, aiming to raise up to €600M to support Nucera's alkaline water electrolysis expansion; stock listing to take place at Frankfurt Stock Exchange, with Thyssenkrupp maintaining majority stake

Thyssenkrupp Nucera supplies H2 Green Steel's Boden integrated green steel plant with water electrolysis technology to produce green hydrogen; operations to start at the end of 2025, with a scheduled ramp up in 2026

Thyssenkrupp's Nucera to install alkaline water electrolysis technology that aims at delivering capacity of more than 700MW at H2 Green Steel's electrolysis plant in Boden, Sweden; project likely one of the world's largest AWE installation

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