Lhyfe’s IPO drew interest from institutional and strategic investors
Lhyfe green hydrogen IPO raises €110mn
Portuguese energy group EDPR among anchor investors as French company lists on Euronext stock exchange in first European hydrogen IPO since outbreak of war in Ukraine
French green hydrogen producer Lhyfe has raised at least €110mn ($118mn) via an initial public offering (IPO) and listing on the Euronext stock exchange, with Portuguese energy group EDPR among the anchor investors. Lhyfe’s listing, which also drew investors from France and Norway, was the first by a company in Europe since the outbreak of the war in Ukraine and marks the reopening of the European IPO market, says French investment bank Natixis, which was the joint coordinator and bookrunner on the transaction. “This remarkable success is the result of intensive preparation, a key condition to reopen the IPO market in the current environment, marked by the crisis in Ukraine and higher risk a
Also in this section
23 June 2025
Funding deals for two major projects lift the mood in a sector hampered by local bureaucratic delays and bearish global sentiment
18 June 2025
The country’s green hydrogen sector can gain traction even as the global trade war rages and other headwinds hamper the sector, Mohsen al-Hadhrami, undersecretary of energy and minerals, tells Hydrogen Economist
18 June 2025
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
