Projects need to have the potential for double-digit returns
FiveT bullish on hydrogen fund prospects
The industry-backed hydrogen fund says it ticks all the boxes for clean investment
The FiveT investment fund launched this month. It aims to raise €1bn ($1.2bn) from financial and industrial investors to finance projects in the production, storage and distribution of clean hydrogen, and will receive initial funding from fuel cell firm Plug Power, engineering firm Chart Industries and energy technology company Baker Hughes. The fund will be led by Pierre-Etienne Franc, who was the vice president of hydrogen energy for industrial gases company Air Liquide and co-secretary of the Hydrogen Council until becoming FiveT CEO. Hydrogen Economist spoke to Franc to find out more. What will you invest in and where? Franc: We will look to fund scale projects in the hydrogen value cha
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