OMV and Austria Wirtschaftsservice GmbH (aws) have signed a funding agreement guaranteeing production support of up to €123 million ($133 million) for a planned green hydrogen facility in Bruck an der Leitha, Lower Austria.
The project has received a positive assessment and funding recommendation from the European Hydrogen Bank, and is expected to support Austria’s national hydrogen strategy as well as OMV’s Strategy 2030.
Alfred Stern, Chairman of the Executive Board and Chief Executive Officer of OMV, said the backing from the European Hydrogen Bank and the Austrian state sent a strong signal for sustainable energy development and Austria’s competitiveness as an energy location. He described the project as a milestone for Europe’s energy transition, combining innovation with responsibility.
OMV plans to invest a mid–hundreds of millions of euros in the 140 MW electrolyser plant, which is scheduled to begin operations by the end of 2027. Once operational, it is expected to be among the five largest green hydrogen facilities in Europe, producing up to 23,000 tonnes of green hydrogen annually using renewable electricity from wind, solar and hydropower. The project is expected to cut carbon emissions by up to 150,000 tonnes per year.
Martijn van Koten, OMV Executive Vice President for Fuels and Chemicals, said the locally produced green hydrogen would be transported via a 22-kilometre pipeline directly to OMV’s Schwechat refinery, making a significant contribution to the company’s decarbonisation efforts.
In November 2025, OMV and Masdar agreed to establish a joint venture to finance, build and operate the Bruck an der Leitha electrolyser. The joint venture is expected to be finalised in early 2026, subject to shareholder approval, completion of documentation and regulatory clearance.
