Everfuel, a leading European green hydrogen energy company and Hy24, managing the world’s largest clean hydrogen infrastructure fund, have announcedthe creation of a joint venture to finance the accelerated development of electrolyser capacity across the Nordics. Everfuel will own 51% of the JV and the Hy24-managed Clean H2 Infra Fund will own 49%.JV plans to invest a total of € 200M in equity in green hydrogen infrastructure in Denmark, Norway, Sweden and Finland. This will enable the JV to fund, build, own and operate up to 1GW of green hydrogen projects and accelerated delivery of existing hydrogen project pipeline and strengthened collaboration on other hydrogen production assets in the Nordic regionHySynergy project phase 1 with 20MW electrolyser, set to commence commercial operations in second quarter of 2023, is the first asset to be held by the JVJV to leverage Everfuel’s electrolyser development, construction and operation capabilities and benefit from Hy24’s extensive business development experience and vast hydrogen industry and policymaker relationships
Everfuel, a leading European green hydrogen energy company and Hy24, managing the world’s largest clean hydrogen infrastructure fund, have announcedthe creation of a joint venture to finance the accelerated development of electrolyser capacity across the Nordics. Everfuel will own 51% of the JV and the Hy24-managed Clean H2 Infra Fund will own 49%.JV plans to invest a total of € 200M in equity in green hydrogen infrastructure in Denmark, Norway, Sweden and Finland. This will enable the JV to fund, build, own and operate up to 1GW of green hydrogen projects and accelerated delivery of existing hydrogen project pipeline and strengthened collaboration on other hydrogen production assets in the Nordic regionHySynergy project phase 1 with 20MW electrolyser, set to commence commercial operations in second quarter of 2023, is the first asset to be held by the JVJV to leverage Everfuel’s electrolyser development, construction and operation capabilities and benefit from Hy24’s extensive business development experience and vast hydrogen industry and policymaker relationships
