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A team of hydrogen and financial executives have launched a pureplay investment fund focusing on clean industrial-scale hydrogen projects. The Euro-denominated fund, offered only to qualifying and verified investors, intends to raise €1bn from a combination of financial and industrial investors. The fund will target upstream and downstream opportunities across the value chain, including green hydrogen production, use and downstream distribution assets to the transport segment and associated fleet development schemes. The fund’s chief executive is Pierre-Etienne Franc, former vice presiden...

14:49 PM | April 8, 2021 | Robert Westervelt European asset manager FiveT Capital (Zurich, Switzerland) has announced a €1-billion ($1.2 billion) infrastructure fund dedicated to clean hydrogen projects. "We firmly believe that clean hydrogen, an energy carrier created from low-carbon sources, will help transform and decarbonize the world’s economy, addressing the global climate emergency and making a positive change to our planet for future generations," says Pierre-Etienne Franc, FiveT Hydrogen Fund CEO and former vice president of Air Liquide’s hydrogen energy activities. "We want t...