Demeter has announced its investment in H2 Green Steel's hydrogen-powered green steel plant in Sweden, enabling the company to advance the development alongside constructing Europe's largest hydrogen plant. The investment is supported by the Climate Infrastructure Fund, with over €6bn in total investments. H2 Green Steel, established in 2020, aims to decarbonize the steel industry by utilizing green hydrogen and has already raised substantial funds. The green steel plant in Boden, Sweden, under construction since 2022, is expected to start operations in 2026, significantly reducing CO2 emissions compared to traditional steel production. Through innovative technology and a focus on circularity and recycling, the plant represents a milestone in sustainable steel production in Europe.