HydrogenOne Capital Growth is investing in green hydrogen
HydrogenOne zones in on production projects
London-based investment trust eyes projects in 20-150MW range and aims to invest £200mn/yr, managing partner tells Hydrogen Economist
London-based investment trust HydrogenOne Capital Growth has set its sights firmly on green hydrogen production projects after concentrating mainly on supply chain OEMs during its first full year in operation, managing partner JJ Traynor tells Hydrogen Economist. The fund, which was founded by Traynor and Richard Hulf, raised £128mn ($160mn) via an IPO on the London Stock Exchange last year with a follow-on round this year. So far, £95mn has been deployed, mainly in privately owned firms in the electrolyser, fuel cell, midstream and distribution sectors. It aims to deploy about £200mn/yr, with the fund’s pipeline of potential investment targets standing at around £500mn. “Over time, ab
Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment
