Airbus invests in clean hydrogen infrastructure fund managed by Hy24

July 21, 2022 |

In the UK, Airbus said it has joined what it claims to be the world’s largest clean hydrogen infrastructure investment fund, managed by Hy24 – a joint venture between Ardian,  a private investment firm and FiveTHydrogen, an investment manager specializing in clean hydrogen investments.

Hy24’s investment fund will provide financial capital to large-scale green hydrogen infrastructure projects globally. Airbus noted that its involvement assures its commitment to the scaling up of a global hydrogen economy, a prerequisite for the successful entry-into-service of its zero-emission commercial aircraft by 2035.

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

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Category: Fuels

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