Hy24

⏪ As 2024 has ended… ⏩ … it’s now time to look ahead at what awaits the hydrogen world in 2025!   External challenges such as inflation and high interest rates have made this past year a trying one for the renewable energy sector, and in particular for the #hydrogen economy. But despite this difficult context, the hydrogen ecosystem continues to grow, with hundreds of projects currently under development or in construction around the world. 🌍   At Hy24, we are deploying more than 2 billion euros across the entire value chain — 80% of which involve assets that are under construction, operational, or already approved.   We believe that while the year 2025 may seem uncertain to some, there are some positive trends to look for. Pierre-Etienne Franc, CEO of Hy24, lists some of the ingredients needed to help the hydrogen economy flourish and accelerate the transition to a more sustainable future.    ▶️ Find out more in our video below:   🇫🇷 2024 semble déjà bien loin, il est grand temps de se projeter dans l’avenir de l’écosystème #hydrogène en 2025 !    Si l’année passée n'a pas été simple pour l’économie de l’hydrogène – la faute notamment à un contexte économique délicat –, l’écosystème continue de grandir avec des centaines de projets en développement ou en construction dans le monde. 🌍   Chez Hy24, nous déployons aujourd’hui plus de 2 milliards d’euros sur l’ensemble de la chaîne de valeur. Et même si 2025 s’annonce comme une année incertaine, plusieurs lignes de force positives nous paraissent cruciales à surveiller : Pierre-Etienne Franc, directeur général d’Hy24, liste les ingrédients nécessaires pour aider l’économie de l’hydrogène à prospérer, dans le cadre d'un futur plus durable.

Thank you for having us, Hyvolution Paris!   Hy24’s representatives were pleased to share their insights on the #hydrogen market, reflecting on recent experiences and the impact of geopolitical and economic fluctuations. During the #MoneyTalks Opening Keynote, our CIO, Amir Sharifi, emphasized that commitments matter more than announcements. In 2024, €75 billion worth of projects reached final investment decisions or began construction. We anticipate even more in 2025 as we enter a new cycle of giga-scale projects.   Guillaume Lesueur, Head of the Clean Hydrogen Equipment Fund, highlighted the importance of a twofold strategy: scaling up manufacturing capacity to support industry growth and fostering innovation to enhance equipment efficiency. He also said that from his investor standpoint, now is a great timing to invest in hydrogen.   #Hyvolution also provided an opportunity to announce our support to Les Rencontres de Roissy Meaux Aéropôle as a partner and co-organizer for the next edition on October 14, 2025, in Meaux. The upcoming event will focus on #mobility and the critical role of clean e-fuels in advancing transportation solutions across Europe—from maritime to aviation and road transport. During the press conference, our CEO, Pierre-Etienne Franc, emphasized the need to sustain efforts across the ecosystem by bringing together institutional and political players alongside industry leaders and financial stakeholders. We extend our gratitude to Jean-François Copé and his team for their invitation, as well as to the other partners and co-organizers: Philippe BOUCLY, France Hydrogène, Roissy Meaux Aéropôle, and Groupe ADP, represented by Renaud Duplay, as well as Mikaa Blugeon-Mered.   The hydrogen sector needs a stronger-than-ever collaborative approach, with all players remaining committed to deployment timelines and targets, while ensuring bankability remains at the heart of the challenges.   Thank you to Pierre Buchou and the GL events team. Stéphanie Paysant, Yannael Billard, Carolina Echandía, Daphné Van Overbeke, Manon Lehallé, Inès Balikci.

Join Us at Hyvolution Paris This Week! We’re excited to announce that our representatives will be on-site, delivering inspiring speeches and participating in key discussions during the Summit and Money Talks at this year’s Hyvolution Paris event. The event kicks off tomorrow at Porte de Versailles in Paris. As the largest hydrogen-focused event in France, #Hyvolution 2025 will once again highlight the milestones achieved and the challenges ahead for the hydrogen ecosystem. The event will cover the entire #hydrogen value chain—from #upstream to #downstream applications—and financing, with a special spotlight on Money Talks on Thursday, January 30th. ➡️ Hydrogen Summit 🗓 January 28th, 12 PM CET A fireside chat featuring Hy24’s CEO Pierre-Etienne Franc, with Laurent Meillaud. ➡️ Hydrogen Money Talks moderated by Mikaa Blugeon-Mered 🗓 January 30th (morning) Hy24’s Chief Investment Officer, Amir Sharifi, will deliver an opening keynote at 10:15AM, followed by three panel sessions. The second panel session: “Hydrogen Bankability, Funding, and De-risking from the Investors’ Perspective,” will feature Guillaume Lesueur, Head of the Clean Hydrogen Equipment Fund at Hy24. Get your badge: https://lnkd.in/eFQuNHpY Lear more about the agenda: https://lnkd.in/dtyiFrUC

The Hy24 team is delighted to have co-organized a hydrogen event in the Netherlands, with our LP ABN AMRO Bank N.V. This event provided a platform to showcase the progress within the hydrogen ecosystem, both in the #Netherlands and across #Europe. Despite the criticism faced by hydrogen due to scale, timing, and cost considerations, Europe has demonstrated bold leadership in the hydrogen space since the launch of the #REPowerEU plan in 2022. It is inspiring to witness the growing momentum and commitment in this critical sector. The participation of over 130 attendees from leading industrial and financial organizations underscores the dynamism and significance of #hydrogen as a key pillar of both Dutch and European climate and energy strategies. We extend our gratitude to the speakers who shared valuable insights on project timelines, key milestones, infrastructure development, equipment deployment, and manufacturing progress, as well as the challenges ahead. A heartfelt thank you to the ABN AMRO Bank N.V. team for hosting us at their headquarters in Amsterdam, to Noé van Hulst for his brilliant moderation, and to everyone who contributed to making this event a meaningful success. Let us continue building on this momentum together! Randolf Weterings, Port of Rotterdam, Marcel Galjee, HyCC, NLHydrogen, Marc van der Linden, Gasunie, Marcel van de Kar, Vopak, Peter van Ees, Gijs Postma, Reda Atibi, Invest-NL, Joris Hermsen, Floris Lyppens, Arthur van Dijk, Salah Mahdy, Chart Industries, Inc., Rombout Swanborn, HyET Group, Andrés GALNARES, H2SITE, Pierre-Etienne Franc, Nicole Vermeulen, Mark Cornelis, Raphaëlle Eytan, Guillaume Lesueur, Aleksandra Policha Lebrethon 📸 Estella Myers

💬 “Stay the course!” This was Pierre-Etienne Franc’s message at the #GreenHydrogenSummit in 🇦🇪 Abu Dhabi last week, which gathered leading hydrogen players from around the world as part of the Abu Dhabi Sustainability Week - ADSW. 🌍 In a high-level panel dedicated to the theme “Unlocking Capital for the Hydrogen Projects: A Multi-Stakeholder Perspective,” the CEO of Hy24 stressed the fact that the #hydrogen momentum was unprecedented, despite the many challenges the industry currently faces in a difficult economic and geopolitical context. For Pierre-Etienne Franc, the key for deploying more H2 projects is for investors and other stakeholders to find the “right combination” between: ✅ good timing (avoid going too fast but maintain a steady speed) ✅ suitable size (not too small but not too big either) ✅ drive (work with those who want to move forward). #ADSW #ADSW2025 #GreenHydrogen

⏪ #ICYM: 2025 has started with some exciting news for Hy24, with a new investment in a deep-tech pioneer in #hydrogen separation solutions. As this article from elEconomista reports, H2SITE, a Bilbao-based 🇪🇸 hydrogen startup, raised €36 million to accelerate its industrialization and commercialization milestones as well as to boost its international growth. The startup has launched 15 projects in Western Europe and is now developing large-scale infrastructure projects in North America, the European Union and Asia-Pacific. 🌎 We are thrilled for this second investment made under our Clean Hydrogen Equipment Fund, as we continue to support the growth of the hydrogen ecosystem. ⤵️ Read more (in Spanish): https://lnkd.in/dwPvVXgr ➡️ Read our press release: https://lnkd.in/eJyehpAN

🤝 We are thrilled to announce our investment in H2SITE, a deep-tech pioneer in #hydrogen separation solutions. The company successfully closed its Series B funding round at EUR 36 million, with support from co-lead investors Hy24 and SC Net Zero Ventures. ➡️ This marks the second investment made by Hy24's Clean Hydrogen Equipment Fund, following its initial support for Hexagon Purus in January 2024. ➡️ Since 2021, H2SITE has been developing proprietary membrane reactor technology that enables hydrogen separation from gas streams and easy-to-transport molecules, such as ammonia and methanol. ➡️ The proceeds will accelerate the company’s next industrialization and commercialization milestones. These include achieving multi-ton-per-day hydrogen production capacity by 2026 and addressing key end-use markets such as large-scale and decentralized ammonia cracking, natural hydrogen production in the USA, and maritime decarbonization applications. PRESS RELEASE: https://lnkd.in/eJyehpAN 🇫🇷 Nous sommes ravis d'annoncer notre investissement dans H2SITE, une entreprise technologique pionnière dans le déploiement de solutions de séparation de l’#hydrogène. L’entreprise a clôturé avec succès son tour de financement de série B à hauteur de 36 millions d’euros, avec le soutien des investisseurs co-leaders Hy24 et SC Net Zero Ventures. ➡️ Il s’agit du deuxième investissement réalisé par le Clean Hydrogen Equipment Fund d'Hy24, après un premier soutien à Hexagon Purus en janvier 2024. Communiqué de presse : https://lnkd.in/eun-Qva7 Guillaume Lesueur, Raphaëlle Eytan, Meriem Benhassine Fuertes, Mathilde M., Andrés GALNARES, Natalia Ruiz Saez 👏

🤝 ABN AMRO Bank N.V. and Hy24 are co-hosting a #hydrogen conference in Amsterdam next week.   ➡️ The Netherlands serves as a strategic hub within Europe’s energy network. With its robust port infrastructure, well-developed industrial clusters, renowned HyTech innovation centers, and strong commitment to renewable energy, the country is uniquely positioned as Europe’s gateway for hydrogen imports, production, and distribution.   In collaboration with our limited partner, ABN AMRO Bank N.V. —a European-focused bank with a dedicated hydrogen sector team providing services along the hydrogen value chain—we are pleased to present two panel sessions. These sessions will highlight the significance of the Dutch hydrogen ecosystem as a gateway for the hydrogen economy in Europe and discuss the crucial role of technology and equipment providers in the global hydrogen economy, addressing the remaining bottlenecks to industry growth.   Among the confirmed speakers are CEOs and leading executives from Port of Rotterdam, Chart Industries, Inc., Gasunie, HyCC, Invest-NL, Vopak, HyET Group and ABN AMRO Bank N.V. and Hy24, as well as a representative of DG Climate and Energy, Ministry of Climate and Green Growth (NL). Sessions will be conducted by Noé van Hulst, an independent hydrogen advisor and former Hydrogen Envoy at the Ministry of Economic Affairs & Climate Policy in the Netherlands. We are very pleased to organize this event with ABN AMRO Bank N.V. Amro and look forward to sharing our respective views during the panels.   Floris Lyppens, Joris Hermsen, Peter van Ees, Mark Cornelis, Pierre-Etienne Franc, Nicole Vermeulen, Guillaume Lesueur, Meriem Benhassine Fuertes, Raphaëlle Eytan, Aleksandra Policha Lebrethon   For more info please contact events@hy24partners.com

How can we accelerate the global green hydrogen revolution? 🌐 This will be the theme of this week’s #GreenHydrogenSummit in 🇦🇪 Abu Dhabi, which will share insights from leading hydrogen players worldwide, as part of the Abu Dhabi Sustainability Week - ADSW. 🗓️ Pierre-Etienne Franc, co-founder and CEO of Hy24, will take part in the high-level panel dedicated to the theme “Unlocking Capital for the Hydrogen Projects: A Multi-Stakeholder Perspective” on Jan. 16. It will be an opportunity — alongside Mark Dooley, Andreas Bieringer, Stephan Gobert ♻️, Eduardo van-Zeller Neto and Haroon Rahmathulla — to discuss innovative financing mechanisms for H2 projects, as well as risk mitigation strategies and best practices in designing long-term offtake agreements. ➡️ Find out more about the event and how to watch the live stream: https://lnkd.in/expxxcgB #ADSW #ADSW2025 #GreenHydrogen

💬 “There's nothing in what's happening to hydrogen that is the fault of hydrogen. All of it is a result of the external issues that have altered the costs.” In this article for Reuters Events Renewables, Pierre-Etienne Franc weighs in on the challenges faced by the clean #hydrogen industry in 🇪🇺 Europe, where it suffers from a lack of incentives to encourage companies to transition from traditional fossil fuels. The co-founder and CEO of Hy24 also discusses the fund’s new investment in its portfolio company Elyse Energy to help take its e-methanol and sustainable aviation fuel production projects to Final Investment Decision by the end of 2025. For more similar projects in the EU to reach FIDs, the European Hydrogen Bank needs to increase its funding from 2 to 40 billion euros, says Franc. 📈 Read the Reuters piece: https://lnkd.in/dx5A_pMV