The European Investment Bank (EIB) has recently inked a significant deal with Resato Hydrogen Technology, a hydrogen refuelling station developer based in Assen, Netherlands. The €25 million venture debt facility will provide financial support to Resato to advance its proprietary technology through research and development, as well as to expand its production capacity in the upcoming years. The company's ambitious growth strategy includes the deployment of 1,000 hydrogen refuelling stations by 2030, a move that aligns perfectly with the European Union's Sustainable and Smart Mobility Strategy. This strategy emphasizes the significance of expanding production capacity to meet the growing demand for sustainable transportation solutions. As part of its expansion plans, Resato is set to relocate to a newly optimized assembly facility in the near future, a move that will enable the company to further scale up its production capabilities and meet its long-term goals.