ENGIE becomes InnoEnergy shareholder, underlines hydrogen ambitions

ENGIE becomes InnoEnergy shareholder, underlines hydrogen ambitions

French multinational energy and utility company ENGIE has announced its new shareholding in the European InnoEnergy company (KIC InnoEnergy S.E.).

At a European level, InnoEnergy supports innovative sustainable energy projects, start-ups and scale-ups via its accelerator and develops both initial training courses (Masters, PhD) and continuous certifying courses. This includes projects in the field of hydrogen energy.

For ENGIE, which operates in the fields of energy transition, electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum, this represents a deepening of its activities in hydrogen.

The company has the ambition of being a major player in hydrogen and firmly believes that hydrogen is the key that will unlock the full potential of renewables and carbon-free energy solutions.

InnoEnergy and ENGIE share the same vision of the future of energy, as Hendrik Van Asbroeck, ENGIE’s Innovation Director underlined, “This participation demonstrates the deepening of the links developed over time between ENGIE and InnoEnergy. It opens a new page in our partnership and should allow us to extend our innovation ecosystem to new players in order to develop new growth drivers for the group and our partners.”

“We are delighted that ENGIE has raised its involvement and interest in InnoEnergy. Our goal has always been to be a strategic partner for industry in terms of innovation…”

ENGIE’s entry into InnoEnergy’s capital follows a collaboration that began more than six years ago with ENGIE participation in TBB (The Business Booster), InnoEnergy’s annual flagship event in Barcelona in 2013. Since 2013, ENGIE regularly takes part in events organised by InnoEnergy in France and in Europe, and participates through its various departments to many initiatives around sustainable city themes, new energies and networks, or eco-industries.

Richard Biagioni, CEO of InnoEnergy France, added, “We are delighted that ENGIE has raised its involvement and interest in InnoEnergy. Our goal has always been to be a strategic partner for industry in terms of innovation. Strengthening the partnership with ENGIE will allow us to deepen our relationships and bring our strategies closer together.”

Successful collaborations

Over the last two years, ENGIE has actively supported some of the start-ups supported by InnoEnergy.

In June 2017, Jean-Paul Reich, ENGIE’s former scientific director and hydrogen expert, joined the HySiLabs Strategic Committee, thanks to the InnoEnergy network. The same year, ENGIE also hosted DCbrain and HySiLabs on its booth during the Viva Technology tradeshow in Paris.

In 2019, ENGIE invited Atawey and InnoEnergy to its ENGIE & Partners booth at CES in Las Vegas. Atawey was also on the Mobility Park sponsored by ENGIE during Viva Technology 2019. The start-up highlighted the HyStart offer, ENGIE’s turnkey hydrogen mobility solution for communities and tertiary fleets.

Vivatech was also the opportunity to announce an ENGIE initiative to promote hydrogen mobility: the provision of ‘hydrogen’ bicycles for journalists at the next G20 summit in Biarritz this summer. These ‘hydrogen’ bicycles will be supplied thanks to Atawey’s hydrogen charging stations.

In October 2019, InnoEnergy’s flagship TBB event will be hosted in Paris.

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