Related Articles
The fund has the objective of supporting the build out of the hydrogen economy
Forward article link
Share PDF with colleagues

€1bn hydrogen infrastructure investment fund set for launch

Baker Hughes, Plug Power and Chart Industries commit €260mn and will provide expertise, with private investors targeted to make up the remainder

An investment fund aimed at raising €1bn ($1.2bn) from financial and industrial investors to finance projects in the production, storage and distribution of clean hydrogen is to launch later this week. The FiveT Hydrogen Fund will receive initial funding from fuel cell firm Plug Power €160mn, engineering firm Chart Industries €50mn and energy technology company Baker Hughes €50mn. The cornerstone investors will also help to guide the fund’s early stages of investment. The fund aim is to secure a further $740m exclusively from qualifying private investors. The fund will be led by Pierre-Etienne Franc, who was the vice president of hydrogen energy for industrial gases company Air Liquide and



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
No quick fix for Germany’s green hydrogen roll-out
21 April 2021
Growing pressure to deploy green hydrogen as Germany phases out nuclear and coal
Abu Dhabi taps Asian ties for hydrogen push
21 April 2021
Flurry of agreements lays foundation for expanding historic energy collaboration in the fledgling market
FiveT bullish on hydrogen fund prospects
20 April 2021
The industry-backed hydrogen fund says it ticks all the boxes for clean investment
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video