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
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