Green hydrogen developer plans to raise €100m in pursuit of expansion on Mayo-Sligo border

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Green hydrogen developer plans to raise €100m in pursuit of expansion on Mayo-Sligo border
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Mercury Renewables seeking permission to build green hydrogen plant at Firlough on Mayo-Sligo border

“We’re intending to go out to the market later this year to raise at least €100 million for new developments,” he confirmed.

Mercury’s has been working on Firlough for three years and has just sought planning permission from An Bord Pleanála as a project of national strategic importance. The gas is most suitable as a fuel for heavy transport and for manufacturing processes that require very high temperatures.

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