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MercoPress, en Español

Montevideo, April 19th 2026 - 01:03 UTC

Tag: HIF Global

  • Saturday, April 11th 2026 - 04:49 UTC

    Argentine court orders environmental studies over HIF plant in Uruguay

    HIF Global's project envisions the production of approximately 880,000 metric tons per year of synthetic fuels from green hydrogen about three kilometers from the Argentine shore at Colón

    A federal court in the Argentine city of Concepción del Uruguay on Friday ordered a series of environmental studies and requested information from Uruguayan agencies after accepting a lawsuit against the Uruguayan state and multinational HIF Global over a green hydrogen plant project in Paysandú, in a new source of bilateral tension that echoes the Botnia pulp mill conflict of the early 2000s.

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  • Thursday, April 9th 2026 - 07:40 UTC

    Uruguay considers relocating HIF Global's green hydrogen megaplant to ease tensions with Argentina

    Government sources within the Orsi administration expressed confidence that a deal will be reached but rejected any suggestion of “giving away” energy or subsidizing the company's business model

    Uruguay's government is considering relocating within the department of Paysandú the synthetic fuels plant planned by multinational HIF Global, in an effort to simultaneously defuse diplomatic tensions with Argentina and advance what would be the largest private investment in the country's history, estimated at $5.385 billion in its final phase.

  • Saturday, December 28th 2024 - 10:41 UTC

    Ancap and HIF Global sign agreement for green hydrogen plant in Uruguay

    Ancap's interim president, Diego Durand, described the day as “historic”.

    Uruguayan state-owned oil company Ancap, through Alcoholes del Uruguay (ALUR), signed an agreement with HIF Global to implement an ambitious green hydrogen and synthetic fuels project in Paysandú. The investment, estimated at US$6 billion, aims at producing 700,000 tons per year of renewable fuels, with a significant impact on the local and regional economy.