Hy24 is the world's first and largest hydrogen private equity asset manager, dedicated to investing across the entire low-carbon hydrogen industrial value chain. Their investment strategy centers around deploying the infrastructure and technologies necessary for a low-carbon, resilient, and sovereign economy. The firm supports entrepreneurs developing long-term upstream and downstream projects focused on producing low-carbon hydrogen and its derivatives from renewable energies, as well as projects related to transportation, distribution, and serving transport and mobility markets. Hy24's investments are guided by stringent environmental, social, and governance (ESG) standards, adhering to Article 9 of the SFDR to ensure sustainability. They seek strong economic performance for their investors while applying European taxonomy and SFDR rules. The firm aims to create a new hydrogen asset class by focusing on infrastructure and hydrogen equipment and technologies. The firm targets geographies that have prioritized hydrogen as a key component of their decarbonization strategies, including Europe, the Asia-Pacific region, North America, and the Middle East and North Africa (MENA) zone. Hy24 was formed in 2021 from the combination of Ardian and FiveT Hydrogen, leveraging Ardian's asset management expertise and FiveT Hydrogen's industrial expertise to build a cross-disciplinary team. Hy24 invests with a focus on accelerating the deployment of integrated hydrogen mobility solutions, building large-scale green steel plants, and deploying e-fuels for the aviation and maritime sectors. Their approach includes creating joint ventures with leading companies and providing funding for projects that contribute significantly to the decarbonization of industrial processes and the development of sustainable energy solutions.
Preferred startup development maturity for initial funding deployment.
Low-carbon hydrogen production, Hydrogen infrastructure, Hydrogen equipment, Hydrogen technologies, E-fuels, Green ammonia, Sustainable aviation fuels, Hydrogen mobility
Core thematic spaces, technologies, and target market segments of interest.
Standard financial allocation per investment round.
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