Lhyfe takes major stake in Finnish developer
Flexens has a 1.5GW pipeline of projects, predominantly sited in Finland
French green hydrogen developer Lhyfe has taken a 49pc equity stake in Finnish company Flexens, which has a 1.5GW pipeline of projects. Flexens is privately owned by its founders, a consortium of Finnish research institutes and companies specialised in energy systems, bioeconomy and the circular economy as well as local partners within the government-supported Smart Energy Aland project, for which the company was originally founded. Flexens signed a letter of intent last November to lease land from an industrial site in the Finnish city of Kokkola for a 300MW green hydrogen project. The development is due to be commissioned by 2027 and could feed into the planned Nordic Hydrogen Route—a 1,00
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






