HydrogenOne Capital Growth (HGEN) has today (July 5) announced its intent to become the first London-listed investment fund dedicated to green hydrogen.
The company said it wants to launch an initial public offering and admit its shares to the premium segment of the Official List of the Financial Conduct Authority and to trade on the London Storage Exchange.
Through the above, it hopes to raise £250m for clean hydrogen projects.
HGEN said it will predominantly invest in private hydrogen assets, and also include hydrogen focussed listed assets from global markets. Detailing this, the company said it will provide access to clean hydrogen through investment in a diversified portfolio of hydrogen and complementary hydrogen focussed assets to deliver capital growth with a strong sustainability focus.
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