Go to search feature Go to content

Topsoe × SEB

The future is electrolyzing.

Topsoe is a leading global provider of technology for the energy transition. By transforming renewable resources into fuels and chemicals, the company supports decarbonization in hard-to-electrify industries like aviation, steel and long-distance transportation.

Client

Industry

Our role

Topsoe

Energy and chemical

Financing

 

An electrolyzer facility – the world’s first of its kind – is now being constructed in Herning, Denmark. Supported by the EU Innovation Fund, it will manufacture Topsoe’s next-generation SOEC* electrolyzers. SOEC is essential to more energy-efficient production of green hydrogen and its derivatives like ammonia and methanol.  

In its first 10 years of operation, the Herning facility will enable customers to reduce emissions equivalent to 40 million tonnes of CO2 compared to hydrogen produced from natural gas. 

Their own targets are equally ambitious. By 2030, Topsoe aims to reduce their operational greenhouse gas emissions by 95% compared to 2020. And by 2040 reach net-zero emissions across their entire value chain. 

Construction of the Herning facility was realized with a 1 billion DKK Green Term Loan from SEB. Through advice and new types of financing, we support the acceleration towards a low-carbon economy – and society. 


*Topsoe’s proprietary solid oxide electrolyzer cell (SOEC) offers superior performance in electrolysis of water into hydrogen when compared to today’s standard alkaline or PEM electrolyzers. 

About Topsoe

Topsoe is a leading global provider of technology and solutions for the energy transition. The company combats climate change by helping its customers and partners achieve their decarbonization and emission reduction goals. Based on decades of scientific research and innovation, Topsoe offers world-leading solutions for transforming renewable resources into fuels and chemicals for a sustainable world, as well as for efficient and low-carbon fuel production and clean air. Topsoe was founded in 1940, is headquartered in Denmark, and serves customers all around the globe.

Visit topsoe.com

Sector by sector. Industry by industry.

By offering advisory services, innovative and sustainable financing and investment products, we're helping our clients to reach their sustainability targets.

Contact us

SEB's sustainability experts have extensive knowledge in areas such as climate and financing solutions, sustainable investments and regulatory development in the European Union.

 

Reach out to our sustainability contacts