Everfuel – Signs EUR 20.7 million EIB-loan for green transport in Denmark

Herning, Denmark, 21 December 2020 – Everfuel A/S has signed a €20.7 million loan agreement with The European Investment Bank (EIB), to scale up and commercialize hydrogen production for use as an alternative fuel for public and heavy-duty fuel cell vehicles.

The financing is supported under the Future Mobility product, backed by the Connecting Europe Facility (CEF) and the NER300 Programme of the European Commission.

Please see the attached document for the full joint press release.

For additional information, please contact

Jacob Krogsgaard, CEO, +45 2871 8945

About Everfuel | www.everfuel.com
Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fueling solutions. We own and operate green hydrogen infrastructure and partner with vehicle OEMs to connect the entire hydrogen value chain and seamlessly provide hydrogen fuel to enterprise customers under long-term contracts. Green hydrogen is a 100% clean fuel made from renewable energy and key to electrification of the transportation sector in Europe and a sustainable future. We are a young ambitious company, headquartered in Herning, Denmark, and with activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo (EFUEL).

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.