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Bondholders

Immingham Green Energy Terminal (IGET)

13 February 2025

The Secretary of State for Transport has approved the Development Consent Order (DCO) for a new green energy import/export terminal known as the Immingham Green Energy Terminal (IGET). This is central to enabling major developments for green hydrogen production and CCS.

IMG 1613

IGET is a £150m+ nationally significant infrastructure project that will enable our partners, Air Products, to build and operate the UK’s first large scale, green hydrogen production facility to help decarbonise hard-to-abate sectors such as industry and transport at a highly unit competitive cost. 

IGET is also an enabler of the Viking CCS Cluster. The terminal will provide a large-scale facility to connect CO2 emissions from industrial businesses around the UK to Viking’s CO2 storage sites in the North Sea. The seaborne transport access it gives will provide unrivalled high-volume options for both decarbonising UK industry and also opening up export opportunities for European trade. This provides an opportunity for the UK to become a significant player in internationally shipped sequestrated carbon.