HydrogenOne’s portfolio valuation rose 2.6% in the second quarter to £120.5m as it reported eight of its 10 private investments are now generating revenues.
The company reported a marginal increase (0.7%) in Net Asset Value (NAV) since March 31, and a 4% increase year-on-year from June 30, 2022 – although revenues grew significantly in the 12 months to £52m, with overall investment in green hydrogen rising to £8bn.
“The portfolio continues to perform in line with the expectations of the Investment Adviser, HydrogenOne Capital,” according to a statement.
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