SENCO Hydrogen Capital, a private equity firm specializing in investments in the hydrogen and energy-in-transition spaces, has completed a €20 million ($21 million) investment in Strohm, a Dutch company specializing in the development and manufacture of innovative pipelines for the conventional and renewable-energy sectors.
This investment, made shortly after the first closing of SENCO’s Hydrogen Equity Fund, marks a milestone for both companies and underscores their commitment to a more sustainable and future-proofed energy supply.
The investment is aimed at boosting Strohm's growth trajectory, which is focused on hydrogen and carbon capture utilization and storage (CCUS) applications. The partnership between the two companies also seeks to reduce carbon footprint in the pipeline infrastructure for conventional energies, to achieve more sustainable energy supply solutions overall.
“With this investment, we are supporting innovative, carbon footprint reduc