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World’s First Pureplay Clean Hydrogen Investment Fund ‘FiveT Hydrogen’ Is Launched
CEO is Pierre-Etienne Franc, former Vice President of Air Liquide’s Hydrogen Energy Activities and Co-Secretary of the Hydrogen Council
Fund aims to raise €1 billion and act as a catalyst in the scaling of the global hydrogen economy
The Fund has already received publicly announced investment intentions of c.€300 million
Plug Power, Chart Industries and Baker Hughes Announce Their Intention To Become Cornerstone Investors In FiveT Hydrogen Fund
Investments intend to establish market presence for the FiveT Hydrogen Fund and enable initial stages of activity.
Combined investments of €260 million are part of a €1 billion Fund ambition, helping to drive development for climate change solutions and accelerate the energy transition to a net-zero future.
Three companies each bring financial, strategic and technical expertise to help further develop the hydrogen economy.