HVR Energy develops and deploys modular hydrogen refuelling infrastructure, pursuing expansion through its ACTIVA project. The company plans to install stations at existing service stations and offer them under an all-inclusive leasing model that requires no upfront investment from station operators. It has secured 12.75m in ICO financing and benefits from a 7.6m grant under the European Commission's CEF AFIF programme to support deployment. This funding will enable HVR Energy to develop 30 hydrogen stations awarded in the latest CEF AFIF call; it previously obtained a 7m loan last year for 20 stations. HVR Energy frames its growth as modular and scalable infrastructure aligned with EU climate and AFIR objectives and aimed at reducing barriers to hydrogen use in transport. The company's current financial backing is focused on accelerating station roll-out across Spain and the awarded European sites.

Total raised

$32M

Funding rounds

3

Latest round

Grant

Latest activity

Apr 2026