The world’s largest clean hydrogen infrastructure fund has welcomed its latest partner, Airbus. Managed by Hy24, the investment fund is a joint venture between Aridan, a world-leading private investment house and FiveTHHydrogen, an investment manager specialising in clean hydrogen investments. Airbus’s involvment was announced during Farnborough Airshow on 21 July.

“Joining a fund of this magnitude demonstrates Airbus’ continuously active role in infrastructure investments for the production, storage and distribution of clean hydrogen worldwide,” said Karine Guenan, VP ZEROe Ecosystem Airbus. She also noted that since 2020 the aircraft manufacturing giant has partnered with numerous airlines, airports, energy providers and industry partners to develop a stepped approach to global hydrogen availability.

The Hy24 investment fund will provide financial capital to back credible, large-scale green hydrogen infrastructure projects around the globe. Airbus’ involvement demonstrates the company’s commitment to scaling up a global hydrogen economy – a must for the entry-into-service of its zero-emission commercial aircraft by 2035.

“We are delighted that Airbus has joined the fund along with other key industrial and financial investors,” said Pierre-Etienne Franc, CEO 0f Hy24. “Hy24 is well-positioned to identify and accelerate the development of clean-hydrogen infrastructure companies to meet today’s needs and ensure tomorrow’s transportation and logistics.”

 

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