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Hy24 closes Clean H2 Infra Fund

Hy24 has raised €2bn.

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Fund: Clean H2 Infra Fund
Amount raised: €2 billion
Stage of fundraising: Final close
Final close: October 2022
Number of investors in the fund: >50

Hy24 has announced the final close of Clean H2 Infra Fund at €2 billion, the institution confirmed in a recent press release. The fund was launched in October 2021 and surpassed its initial target of €1.5 billion.

Founded in 2021, Hy24 is a joint venture between FiveT Hydrogen and Ardian specialising in clean hydrogen investments.

The vehicle is focused on the decarbonisation of the global economy by investing in proven hydrogen technologies for mature infrastructure assets.