The United Arab Emirates' state-owned energy company Masdar will invest in Austria's largest hydrogen project, run by oil and gas firm OMV , Austria's APA news agency reported on Wednesday.
According to an agreement with the Emirati government announced by Austria's economy minister at the ADIPEC energy fair in Abu Dhabi, Masdar will hold a 49% stake in the planned electrolysis plant in Bruck an der Leitha, while OMV will retain a 51% stake and operational management, APA reported.
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