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
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake






