[ TRANSACTION RECORD ]

BlackRock Inc. Investment in H2 Green Steel — 2026

VERIFIED VECTOR ID: 002438 · tx-353
M SOURCE NODE — FUNDER
Finance United States
$1,500,000,000
EQUITY
05/04/2026
Q DESTINATION NODE — RECIPIENT
Company Sweden
Amount (USD)
$1.5B
Flow Type
EQUITY
Transaction Date
05/04/2026
Primary Source
Funder Profile [ M ]
AUM 11000000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Type Company
Jurisdiction Sweden
Intelligence Note

BlackRock Inc. led a 1.5 billion dollar equity funding round for H2 Green Steel to accelerate the construction of its fossil-free manufacturing plant in Sweden. This transaction supports the production of green hydrogen for industrial-scale steelmaking, a critical step in global industrial decarbonization. The deal underscores the asset manager’s commitment to funding the energy transition and green infrastructure.