VINCI invests in H2 MOBILITY

©H2 MOBILITY

10 October 2022 - 7:30 pm - Acquisitions - Germany

• Leader of hydrogen stations in Germany
• Supporting the development of hydrogen mobility
• Closing of the Clean H2 Infra Fund

VINCI Concessions announces that it has participated in the latest financing round of H2 MOBILITY, raising €10 million alongside the Clean H2 Infra Fund, the world's first low-carbon hydrogen fund.

H2 MOBILITY is the leader of hydrogen refueling stations for road mobility in Germany, with more than 90 stations in operation and the ambition to expand its network to 300 stations by 2030.

VINCI Concessions intends to support H2 MOBILITY's development ambitions through its subsidiary VINCI Highways, Germany's leading highway concessionnaire with a network of over 200 km in operation.

This investment is part of the VINCI group's approach to developing its activity across the entire hydrogen value chain with initiatives such as the creation of Hyfinity, a business unit dedicated to EPC* low-carbon hydrogen projects, or the taking stake in Genvia, a company developing high-performance electrolyzers for the production of low-carbon hydrogen.

Besides, VINCI is one of the key industrial investors of the Clean H2 Infra Fund – managed by Hy24 – which is celebrating its closure today at an event attended by representatives of its main investors, including Xavier Huillard, Chairman and CEO of VINCI

* Engineering, Procurement and Construction

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.