Protium plans to use finance to accelerate green hydrogen projects
Protium raises £40.5mn in funding round
Cash will allow the firm to accelerate its portfolio of green hydrogen projects and support the development of its in-house digital capabilities
UK green hydrogen project developer Protium has raised £40.5mn ($49mn) in its latest funding round. The money will allow Protium to accelerate its portfolio of green hydrogen projects, which total over 250MW in capacity, and support the development of its in-house digital capabilities. These include its flagship project with Budweiser in Magor, south Wales and a 40MW green hydrogen project in Teesside—both of which will now be moved through to the Feed and permitting stage. The funding comes from Swen Capital Partners, through its Swift 2 fund as well as Barclays’ Sustainable Impact Capital programme and existing Protium investors. “The expertise and resources provided by Swen and Barclays w
Also in this section
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
