H2 MOBILITY, a German operator of hydrogen-refueling stations, has collected €110 million ($122 million) of investments from Hy24, the world’s largest clean hydrogen infrastructure investment platform, alongside existing industrial shareholders.
Air Liquide, Daimler Truck, Hyundai, Linde, OMV, Shell and TotalEnergies contributed a total of €40 million ($44 million) alongside Hy24, which invested €70 million ($78 million). Hy24 will execute its investment via the Clean H2 Infra Fund, the world’s largest hydrogen fund to date.
H2 MOBILITY said it will use the investment to expand its existing network to 300 stations by 2030, and build new stations to meet rising hydrogen demand for commercial and intensive-use vehicles. Of these, more than 200 will be large-scale refueling stations capable of meeting demand for zero-carbon, heavy-duty and long-haul transportation in Europe.
“Green Hydrogen will become a game changer on the journey to replace fossil fue