Providence Asset Group eyes Australian hydrogen growth

Group aims to finance a pipeline of hydrogen technology initiatives and applications across the value chain

Leading Australian ESG investment firm Providence Asset Group (PAG) joined CEO-led coalition the Hydrogen Council last year. The firm has a pedigree of investing in the clean technology sector and, following the publication of Australia’s National Hydrogen Strategy in 2019, wanted to expand into the hydrogen sector. The Australian strategy aims to advance pilot schemes, build demonstration scale hydrogen hubs and develop supply chains. Hydrogen Economist talks to Alan Yu, chief investment officer at PAG, about how the firm hopes to help finance developments. “The focus is basically on building a pipeline of hydrogen technology initiatives and applications” Yu, PAG Tell us broadly w