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OMV, the Vienna-based integrated energy and chemicals group whose name traces back to Österreichische Mineralölverwaltung, the Austrian Mineral Oil Administration founded in 1956, has secured a €450 million ($512 million) loan from the European Investment Bank to build a flagship green hydrogen plant in Bruck an der Leitha, Lower Austria. The financing detail matters more than the headline figure suggests. The EIB has called this its largest ever loan to Austria's energy sect
