HydrogenOne eyes more capital as pipeline tops £500mn
London-listed clean hydrogen fund identifies 200 private hydrogen investment targets and deploys 46pc capital raised at launch
London-listed clean hydrogen fund HydrogenOne Capital Growth (HGEN) is maturing a private investment pipeline of more than £500mn ($685mn) and is considering options for raising further capital as the hydrogen sector continues to build strong momentum. The fund has identified over 200 private hydrogen asset investment opportunities, compared with 120 in July last year when it became London’s first listed pure-play clean hydrogen fund via a £107mn IPO. Its investment pipeline includes more than £200mn of near-term potential transactions under non-disclosure agreements. HGEN says there is a potential investible universe of over £17bn in private hydrogen assets. “HGEN has completed a number of
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