Essar Energy Transition (EET) commends Eni and the UK Government for achieving financial close on the core carbon transport and storage project of the HyNet Industrial Cluster in Stanlow. This milestone marks the beginning of construction on infrastructure crucial for significant reductions in carbon emissions, attracting investments, and safeguarding jobs and industries in North West England and North Wales. EET's Hydrogen Production Plant (HPP1) is a key project feeding carbon into the storage infrastructure, aiming to become the UK's first large-scale low-carbon hydrogen production plant, with a capacity of 350MW and the potential to capture 600,000 tonnes of CO2 annually, equivalent to removing 125,000 cars from the road. The Stanlow Manufacturing Complex, centered around the EET Fuels' refinery, is becoming a leading energy transition hub, with plans to decarbonize around 2 million tonnes of carbon, develop sustainable aviation fuels, and support local businesses through hydrogen production and carbon infrastructure. EET's investment program of $3 billion over the next five years will facilitate the UK's low carbon transformation, aligning with government decarbonisation policies and generating skilled employment opportunities in the North West.