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Lion Energy raises $9.6m to strengthen hydrogen commitments

Lion Energy raises $9.6m to strengthen hydrogen commitments

Lion Energy wants to dramatically boosts its presence in the Australian hydrogen market.

The ASX listed energy company today (Nov 17) confirmed that it has raised $9.6m to support its focus on green hydrogen.

Focusing on the funds, Lion Energy said it will use the capital to launch a green hydrogen strategy and explore other hydrogen business opportunities across Australia.

Tom Soulsby, Executive Chairman of Lion Energy, said, “We are pleased to work with the team at Peak again to support Lion’s potential foray in the green hydrogen business in Australia.

“We will outline more details of our Australian hydrogen strategy to investors shortly.”

H2 View has reached out to Lion Energy about its hydrogen ambitions and hopes to share further insights with you soon.


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