Hy2gen AG develops, finances, builds and operates plants for the production of green hydrogen and hydrogen-based e-fuels. The company is using the €200 million capital raise to construct facilities across several geographies, including Europe, to produce e-fuels for maritime and ground transport, aviation and industrial applications. Hy2gen was founded in 2017 and is based in Wiesbaden, Germany. Its current project pipeline includes 880 MW in planning and construction and more than 12 GW in development, and first plants are being built in France, Norway, Canada, Germany and the USA. The company aims to become a market leader in the production of green hydrogen and green e-fuels for mobility, agriculture and industry. Early backers include Trafigura and other private investors.

Total raised

$227M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2022