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South-East Asia's largest bank backs Hong Kong's second-richest billionaire Lee family's green hydrogen projects

Singapore's DBS Bank has agreed to finance green hydrogen projects developed by Hong Kong utility Towngas, chaired by billionaire brothers Peter and Martin Lee.

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东南亚最大的银行支持香港第二大富豪李氏家族的绿色氢能项目

Lee Shau Kee (centre) and his sons Peter Lee (left) and Martin Lee. -- Photo from Henderson Land Development's website

SOUTH-EAST ASIA (VnExpress/Vietnam News): Singapore's DBS Bank has agreed to finance green hydrogen projects developed by Hong Kong utility Towngas, chaired by billionaire brothers Peter and Martin Lee.

DBS Bank's Hong Kong subsidiary signed a memorandum of understanding with The Hong Kong and China Gas Company (Towngas) on Oct. 30 to provide loans for hydrogen production and other clean energy projects.

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