GIC and Hy24 completed a $115m investment in InterContinental Energy.

Private equity firms GIC and Hy24 completed a $115m investment in InterContinental Energy, a company committed to delivering green hydrogen at scale. "InterContinental Energy values the continued commitment from GIC since becoming our strategic investor in April 2022, which strengthens our ability to deliver on our green hydrogen vision. Hy24, as a new strategic investor, brings unrivalled industrial and financial knowledge in the hydrogen space as well as its critical network of key players across the value chain, to help unlock new opportunities for InterContinental Energy and all our stakeholders," Alex Tancock, InterContinental Energy Chairman and CEO.