TES announces the successful fundraising of €140m to support the development of its key e-NG projects

Tree Energy Solutions (“TES”), a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen) with a mission to deliver reliable and affordable green energy through giga-scale projects, today announced it has successfully concluded its third fundraising round at €140m.

This new capital will be used to develop TES’ global portfolio of green energy production and import projects. The fundraising attracted a global investor base comprising leading financial institutions and energy investors, including Azimut Group, Fortescue, E.ON, HSBC, O.G. Energy, Zhero and others.

TES is also looking to develop projects in Belgium.

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