Investors still keen on clean hydrogen

Financial and strategic investors ready to support rapidly expanding sector, financiers tell conference

Investor appetite for the clean hydrogen sector remains strong despite the uncertainty in financial and energy markets caused by the crisis in Ukraine, financiers told Wood Mackenzie’s hydrogen conference this week. Demand is especially strong for early-stage finance to support commercialisation of projects and technology, with financial investors and the venture capital arms of strategic investors such as oil majors looking to provide capital, the financiers say. “What we see generally is still a huge appetite; we are talking about exponential growth here,” says Benjamin Colegrave, director of energy corporate finance at bank ING. “We see a huge amount of capital sitting on the sidelines wa