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Shop talk: A conversation with Dave Noakes
- February 1, 2026: Vol. 19, Number 2

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Shop talk: A conversation with Dave Noakes

by Kali Arevalo

Dave Noakes is the senior managing director at Prostar Capital, a private investment firm focused on midstream market opportunities in transition and clean energy. Kyungnam Energy, an integrated energy platform of the firm, recently developed and commissioned Korea’s first green hydrogen refueling station based on anion exchange membrane (AEM) electrolysis technology. Kali Arevalo, editor of Institutional Investing in Infrastructure (i3), recently interviewed Noakes about the project.

Which economic trends are driving investment in green hydrogen infrastructure in Korea — or Asia more broadly?

Policy remains the main driver. Korea continues to advance hydrogen adoption acros

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