Oil and gas major BP Plc (LON:BP) and Spanish utility Iberdrola SA (BME:IBE) are set to receive up to EUR 211 million (USD 239.8m) in state aid to increase production at their jointly owned green hydrogen plant in Castellon, eastern Spain.

El Instituto para la Diversificaci�n y Ahorro de la Energ�a (Idae), ha aprobado la reasignaci�n a Castell�n de hasta 211 millones de euros de financiaci�n del IPCEI Hy2USE.

Oil and gas major BP Plc (LON:BP) and Spanish utility Iberdrola SA (BME:IBE) are set to receive up to EUR 211 million (USD 239.8m) in state aid to increase production at their…