French green hydrogen producer Lhyfe has announced plans to co-develop projects with investors before selling the developments, construction and operation services to improve its revenues and return on equity.
The company has said its projects will be funded with “one or more” financial or industrial partners who would own up to 100% of the site.
Targeting to close a partnership for 1GW of projects by the end of 2024, the new model comes as the company eyes a 10% EBITDA margin in 2026 based on a €100m ($108m) revenue.
... to continue reading you must be subscribed
