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Everfuel and Hy24 formed a €200m joint venture.

Synopsis

Everfuel, a European green hydrogen energy company, and Hy24, managing the world’s largest clean hydrogen infrastructure fund, formed a €200m joint venture to finance the accelerated development of electrolyser capacity across the Nordics. "This is a major step towards making green hydrogen commercially available through an accelerated deployment of our hydrogen hubs. Hy24 is a leading global hydrogen infrastructure investor and the ideal partner and co-investor for us as the number one developer of electrolyser capacity in Europe. Together we can develop green hydrogen infrastructure needed to serve rapidly growing demand from industry and mobility across our core Nordic markets, and firmly move into the ramp-up phase of our long-term plan for growth and value creation," Jacob Krogsgaard, Everfuel Founder and CEO.

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