Billionaire eyes Washington’s last coal plant for green hydrogen

The clean energy unit of Australia’s Fortescue Metals Group is considering building a green hydrogen facility near Washington State’s last operating coal-fired power station.

Fortescue Future Industries entered into a binding exclusivity agreement with an industrial park near TransAlta’s Centralia facility, which is scheduled to close in 2025, the Perth-based company said Friday in a statement. FFI said it intends to seek to employ the existing coal workforce for the proposed project.