Hy24, the joint-venture between FiveT Hydrogen and Ardian, announced the closing of its first impact fund at €2 billion of allocations, exceeding its initial ambitions and aiming at playing a major role in decarbonizing the global economy. It is the world’s first and largest infrastructure fund to invest exclusively in the entire clean hydrogen value chain; focused on scaling proven hydrogen technologies for mature infrastructure assets. The fund is supported by key investors such as AirLiquide, Total Energies, Baker Hughes and CMA-CGM.

SOURCE: Hy24