Investment in hydrogen assets gains momentum
HydrogenOne eyes more capital as pipeline tops £500mn
London-listed clean hydrogen fund identifies 200 private hydrogen investment targets and deploys 46pc capital raised at launch
London-listed clean hydrogen fund HydrogenOne Capital Growth (HGEN) is maturing a private investment pipeline of more than £500mn ($685mn) and is considering options for raising further capital as the hydrogen sector continues to build strong momentum. The fund has identified over 200 private hydrogen asset investment opportunities, compared with 120 in July last year when it became London’s first listed pure-play clean hydrogen fund via a £107mn IPO. Its investment pipeline includes more than £200mn of near-term potential transactions under non-disclosure agreements. HGEN says there is a potential investible universe of over £17bn in private hydrogen assets. “HGEN has completed a number of
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
