Substantial reduction of CO2 at ArcelorMittal Belgium

4 October 2021

On 28 September 2021 the Flemish Government and the Federal Government announced, together with ArcelorMittal, a joint investment of €1.1 billion with a view to substantially reducing the CO2 emissions of the steel production in Ghent. This investment runs partially through Finocas NV, a joint venture of the Flemish Region and ArcelorMittal Belgium. Eubelius has assisted the board of directors and the management of Finocas during the negotiations and will continue to do so during the further realisation of the transaction.

The Eubelius team consists of Marieke Wyckaert, Thomas Donnez and Anouk Kerkhofs. 

More information is available in the press release from ArcelorMittal, the articles published on Alexander De Croo (in Dutch), in De Tijd “1 miljard voor groenere staalproductie ArcelorMittal in Gent” (in Dutch) and in L’Echo “Plus d'un milliard d'euros pour verdir le site gantois d'ArcelorMittal” (in French).