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Air Products10-Q: Joint venture

APD's NEOM Green Hydrogen JV has drawn $5.4B in financing for project construction

What happened

Air Products is heavily invested in the multi-billion dollar NEOM Green Hydrogen Project through a joint venture (NGHC), which has drawn down $5.4 billion in financing as of March 2026.

Source

SEC EDGARApr 30, 2026

Quarterly report (Form 10-Q)

Air Products 10-Q

Filing excerpt

To support the NEOM Green Hydrogen Project, NGHC has access to project financing of approximately $6.1 billion, which is expected to fund about 73% of the project and is being drawn over the construction period...

sec.gov/Archives/edgar/data/2969/000000296926000020/apd-20260331.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Joint venture

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
Apr 30, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$5.4B (Total principal amounts borrowed by the NEOM Green Hydrogen Project joint venture as of March 31, 2026)

Details

CIK
2969
Accession number
0000002969-26-000020
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
New entity needs
Signal category
Strategic

Topics and mentions

Technologies

  • green hydrogen

Regions named

  • Middle East

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
jointVenture

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/da823fb4-ddde-4179-891e-b57fe5a9a0b6 returns this record as JSON. POST /v1/companies/enrich returns every signal for airproducts.com.

{
  "signal_id": "da823fb4-ddde-4179-891e-b57fe5a9a0b6",
  "signal_type": "sec-10q",
  "signal_subtype": "jointVenture",
  "detected_at": "2026-05-05T08:48:21.418+00:00",
  "company": {
    "name": "Air Products",
    "domain": "airproducts.com"
  },
  "data": {
    "detail": "Air Products is heavily invested in the multi-billion dollar NEOM Green Hydrogen Project through a joint venture (NGHC), which has drawn down $5.4 billion in financing as of March 2026. This large-scale, complex project creates significant opportunities for vendors specializing in energy infrastructure, construction management, and industrial technology.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Total principal amounts borrowed by the NEOM Green Hydrogen Project joint venture as of March 31, 2026",
      "dollar_millions": 5400
    },
    "summary": "APD's NEOM Green Hydrogen JV has drawn $5.4B in financing for project construction",
    "excerpts": "To support the NEOM Green Hydrogen Project, NGHC has access to project financing of approximately $6.1 billion, which is expected to fund about 73% of the project and is being drawn over the construction period...",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/2969/000000296926000020/apd-20260331.htm",
    "filing_date": "2026-04-30",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "New entity needs",
    "signal_category": "strategic",
    "regions_mentioned": [
      "Middle East"
    ],
    "technologies_mentioned": [
      "green hydrogen"
    ]
  }
}

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