Lhyfe's EUR 53m Debt Financing for Green Hydrogen Production Acceleration
Key Ideas
- Renewed confidence from top-tier financial institutions signals strong support for Lhyfe's infrastructure model and commercial strategy.
- Securing financing for four green hydrogen production sites enhances financial position and accelerates industrial roll-out for decarbonization of mobility and industry.
- The successful transaction highlights growing investor interest in green hydrogen, crucial for Europe's energy transition and industrial future.
- The financing package combines debt, grants, and equity, underlining a sound strategy to fund sites and support Lhyfe's growth.
Lhyfe, based in Nantes, France, has secured a significant EUR 53 million debt financing for the construction of four green hydrogen production sites across France and Germany. This milestone transaction, the first of its kind in Europe, reaffirms the support from top-tier financial institutions in Lhyfe's infrastructure model and scale-up strategy. The financed assets include two operational sites and two under construction, with a total electrolysis capacity of 30 MW, crucial for decarbonizing mobility and industry. The diverse funding mix of bonds, senior loans, and a bridge financing facility showcases Lhyfe's strong financial position and strategic approach. Financial partners like Edmond de Rothschild Asset Management, Triodos Bank, and Sienna Investment Managers express confidence in Lhyfe's contribution to the green hydrogen industry and Europe's decarbonization goals. The company's CFO, Maria Pardo Saleme, emphasized the significance of this project finance package, positioning Lhyfe as a pioneer in green hydrogen production. With ambitions to become a leading green hydrogen producer in Europe, Lhyfe's partnership with key financial institutions marks a crucial step towards a sustainable energy future.
Topics
Production
Renewable Energy
Energy Transition
Sustainable Development
European Market
Financial Partnerships
Infrastructure Financing
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