Announced

Completed

Hy24 to invest $50m in StormFisher Hydrogen.

Synopsis

Hy24, a private equity asset manager dedicated exclusively to advancing the global clean‑hydrogen economy, agreed to invest $50m in StormFisher Hydrogen, a developer and operator of hydrogen-based e-fuel production facilities. “We are pleased to make our first direct investment in North America to support the growth of StormFisher Hydrogen. The company can leverage its energy platform approach, strong offtaker strategy, and a favorable international regulatory landscape to deploy its robust pipeline of e-Fuels projects and drive its export ambitions to European and Asian markets. These clean energy solutions present a significant opportunity for North America in its pursuit of energy security, economic growth, and its trade and continued leadership in the sector,” Pierre-Etienne Franc, Hy24 Co-founder and CEO.

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