A major fundraising effort to accelerate hydrogen charging stations

In the energy transition landscape, hydrogen is increasingly asserting itself as an essential vector. This assertion has just been reinforced by a spectacular fundraising carried out by HysetCo, which raised nearly 200 million euros from a consortium of investors led by Hy24. The objective? Accelerate the deployment of hydrogen mobility solutions and contribute significantly to the decarbonization of transport.

Hy24, the pilot of an ambitious vision

Hy24, through its dedicated fund “Clean H2 Infra Fund”, is now positioned as the majority shareholder of HysetCo. This strategic maneuver is not trivial; it materializes Hy24’s desire to invest massively in the infrastructure necessary for a decarbonized global hydrogen economy. By partnering with renowned financial players such as Eiffel Investment Group and RAISE Impact, Hy24 highlights the relevance and urgency of supporting the development of clean and sustainable energy solutions.

HysetCo’s innovative approach

HysetCo, recognized as the leader in hydrogen mobility in France, aims to deploy more than ten new stations by 2025. This ambition is based on a unique model of integrated mobility, combining both the distribution infrastructures of hydrogen and the management of vehicle fleets focused on hydrogen solutions. This strategy not only accelerates the adoption of hydrogen mobility but also simplifies the user experience, thus offering a real alternative to fossil fuels.

The advantages of hydrogen

Hydrogen stands out for several notable advantages: zero exhaust emissions, an absence of noise, odor and vibration, as well as notable comfort of use with rapid refueling. These characteristics make hydrogen a strategic energy solution, particularly suitable for intensive uses and heavy transport.

Renewed support from historic shareholders

The success of this fundraising is also the result of the continued support of HysetCo’s existing shareholders: Air Liquide, TotalEnergies, Toyota France and Kouros. Their commitment demonstrates confidence in HysetCo’s vision and strategy and underlines the importance of collaboration between the different players in the hydrogen ecosystem to succeed in the energy transition.

Towards European expansion

The substantial financial contribution will allow HysetCo to broaden its horizons well beyond French borders. The objective is clear: to contribute to a rapid, efficient and concrete energy transition on a European scale, by improving air quality and reducing CO2 emissions. This fundraising marks a decisive turning point for HysetCo, which is at the forefront of a hydrogen mobility revolution.

Conclusion

Hy24’s majority stake in HysetCo is more than just a financial transaction; it represents a strong signal sent to the entire sustainable mobility sector. The commitment of financial and industrial players to the development of hydrogen demonstrates the feasibility and urgency of diversifying energy sources. This step is crucial for HysetCo, but it is also crucial for society as a whole, aspiring to transition to a decarbonized future.