Monolith receives US$300 million in strategic investment

Monolith is a clean energy developer using a proprietary process to produce clean hydrogen, carbon black and ammonia. Monolith recently announced that it has raised more than $300 million in funding. The round was co-led by TPG Rise Climate and Decarbonization Partners. SK Inc., with participation from Mitsubishi Heavy Industries America and Azimuth Capital Management.

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