A consortium of investors, including E.ON, HSBC, UniCredit and Zodiac Maritime, led a €65m round in Tree Energy Solutions, a green hydrogen company. “We are excited to announce this milestone on our journey to deliver green, affordable hydrogen. This newly raised capital will be used to bring us to FID by end of 2023. Our sustainable business model has attracted the interest of world-class industrial and financial players, demonstrating the growing appetite for renewable natural gas. TES is now further progressing to become an agent of change, driving this revolution," Marco Alverà, TES CEO.