The KGAL ESPF 6 Energy Transition Fund has announced a partnership with PtX Development and GP JOULE to invest in a green hydrogen project at Lubmin, Germany, which is set to become one of Europe's largest hydrogen hubs. The project, situated at the site of a former nuclear power plant, will be developed in phases. The first phase aims to achieve an electrolysis capacity of 210 MW by 2028, with plans for an additional 840 MW added in subsequent stages, totaling up to 1,050 MW. This capacity will be supported by up to 2.8 GW of offshore wind power. The project's strategic location provides direct access to the German hydrogen core network, facilitating the transportation of hydrogen from Lubmin to key economic centers in southern Germany. Additionally, Lubmin has plans for four other hydrogen projects, potentially leading to a total electrolysis capacity of around 4 GW. The KGAL ESPF 6 impact fund, known for its focus on sustainable investments, is already involved in the Arcadia e-kerosene production plant in Denmark. This initiative underscores the fund's commitment to supporting green energy projects that contribute to the global transition towards renewable sources and sustainable practices.