In Denmark, Everfuel said that the joint venture between Everfuel and Hy24 has been completed.
Everfuel said that the JV will commence financing the development of electrolyser capacity across the Nordic countries with a special emphasis on servicing the rapidly growing market within the EU. Everfuel owns 51% of the JV and Hy24-managed Clean Hydrogen Infrastructure Fund holds 49%.
“We can now step up on making green hydrogen commercially available through development of strategically located hydrogen production facilities. Hy24’s has already proven to be the ideal partner and co-investor for Everfuel. Together we will develop green hydrogen infrastructure needed to serve rapidly growing demand from industry and mobility across our core markets to deliver on our long-term plan for growth and value creation.” said Jacob Krogsgaard, founder and CEO of Everfuel.
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