Navigating Hydrogen Financing

Synopsis

• What alternative financing mechanisms are emerging to replace the potential loss of the 45V clean hydrogen production tax credit, and how do these compare in terms of project economics?
• How are private investors and financial institutions adjusting their risk assessment models for hydrogen projects in light of the potential elimination of federal tax incentives?
• What project structures and business models are proving most resilient to policy uncertainty, particularly for projects already under construction with 2025 completion targets?
• How can developers leverage international partnerships and global capital markets to finance U.S. hydrogen projects when domestic policy support becomes uncertain?
• What specific bankability criteria are lenders now prioritizing for hydrogen projects in the absence of 45V credits, and how should developers prepare their financial models accordingly?