HydrogenOne to acquire a minority equity stake in Elcogen.

HydrogenOne Capital Growth, an investment company specialising in clean hydrogen and energy storage, agreed to acquire a minority stake in Elcogen, a manufacturer of clean energy technology that delivers affordable green hydrogen and emission-free electricity, for £20m. “There is substantial demand for fuel cells and electrolysers as the clean hydrogen sector continues to grow at rapid pace. We look forward to supporting the company on its growth journey as it expands its solid oxide capacity for customers. HydrogenOne continues to deploy our investors’ capital into distinctive and high potential hydrogen assets,” Simon Hogan, HydrogenOne Chairman.