SCOR backs Louisiana green hydrogen plant as part of energy transition push

Global reinsurer SCOR said its support for the Hidrogenii plant in St Gabriel, Louisiana, reflects its broader strategy to promote a sustainable, resilient future while remaining “strongly committed” to advancing energy transition and embedding ESG principles in its underwriting and investments.The Hidrogenii plant, which started commercial operations in April last year, is a 50/50 joint venture between chemical manufacturing company Olin Corporation and Plug Power.“The Hidrogenii plant focuses on producing ...