Hy2gen AG, a Stuttgart-based start-up focused on green hydrogen production facilities, has welcomed Trafigura as a new shareholder and board member.
By welcoming the physical trading and logistics business as a shareholder, Hy2gen will be able to develop its business development capabilities and support the development on new production sites.
“Trafigura welcomed the opportunity to become a shareholder in Hy2gen, its first investment in the hydrogen industry,” said Robert Gillon, Senior Manager from Trafigura’s Power and Renewables Trading Division.
“We see the opportunity in working in this high potential alternative fuel market with a dynamic start-up team.”
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