The companies will examine and identify the best way to supply green hydrogen - produced exclusively using renewable energy - for mobility by rail in Lombardy, as part of the "H2IseO" project.

The agreement foresees the establishment of a joint working group tasked with identifying and proposing the most appropriate solutions. The H2IseO project, promoted by FNM in collaboration with Trenord, will make it possible to create the first Italian "Hydrogen Valley" in Lombardy, particularly in Sebino and Valcamonica.

The project's main objectives are:

• The purchase of new hydrogen-powered trains, which, from 2023, will run on the non-electrified Brescia-Iseo-Edolo line, managed by FERROVIENORD (a 100% FNM owned company), to replace the current diesel-powered trains; the construction of hydrogen production facilities powered by renewable energy, initially intended for the new trains.
• The construction of hydrogen production facilities powered by renewable energy, initially intended for the new trains.

The Group has begun to look at new business models that include the offer of green hydrogen for the decarbonization of industrial sectors, with partnerships and projects already under development in Chile, the United States and Italy.