{"id":66897,"date":"2022-02-17T12:16:20","date_gmt":"2022-02-17T12:16:20","guid":{"rendered":"https:\/\/theelectricityhub.com\/?p=66897"},"modified":"2022-02-17T12:16:20","modified_gmt":"2022-02-17T12:16:20","slug":"hy2gen-acquires-e200m-to-produce-green-hydrogen","status":"publish","type":"post","link":"https:\/\/theelectricityhub.com\/hy2gen-acquires-e200m-to-produce-green-hydrogen\/","title":{"rendered":"Hy2gen Acquires \u20ac200m to Produce Green Hydrogen"},"content":{"rendered":"<ul>\n<li>Hy2gen has raised \u20ac200m to accelerate green hydrogen production in Europe.<\/li>\n<li>The round was led by the German clean hydrogen infrastructure platform, Hy24.<\/li>\n<\/ul>\n<p>German green hydrogen plant developer Hy2gen AG has raised EUR 200 million (USD 227.4m) from investors including Technip Energies, to accelerate the development of hydrogen-based fuel (e-fuel) production facilities in Europe.<\/p>\n<p>The investment round unveiled by Hy2gen was led by German clean hydrogen infrastructure platform Hy24, an equally-held joint venture between French private equity firm Ardian and Swiss investment manager FiveT Hydrogen. Mirova, the sustainable investment arm of France&#8217;s Natixis Asset Management and part of banking group BPCE, contributed to the round alongside Canadian pension fund manager CDPQ, for which this is the first deal in green hydrogen.<\/p>\n<p>Launched in 2017, Hy2gen provides financial, planning, building and operational support for green hydrogen facilities. The company, also backed by energy trader Trafigura, has 880 MW in planning and construction, with another 12 GW of projects in development. It is currently building its first plants in France, Norway, Canada, Germany and the US.<\/p>\n<p>The German company plans to deploy the fresh funds for e-fuel plants that will help decarbonise maritime, ground transport, aviation and industrial operations.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hy2gen has raised \u20ac200m to accelerate green hydrogen production in Europe. The round was led by the German clean hydrogen infrastructure platform, Hy24. German green hydrogen plant developer Hy2gen AG&hellip; <\/p>\n","protected":false},"author":9,"featured_media":65033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[219,223,227],"tags":[],"class_list":["post-66897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-renewable-energy","category-renewables"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hy2gen Acquires \u20ac200m to Produce Green Hydrogen &#8226; The Electricity Hub<\/title>\n<meta name=\"description\" content=\"German green hydrogen plant developer Hy2gen AG has raised EUR 200 million (USD 227.4m) from investors...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theelectricityhub.com\/hy2gen-acquires-e200m-to-produce-green-hydrogen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hy2gen Acquires \u20ac200m to Produce Green Hydrogen &#8226; 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