Nanterre, 10 October 2022
VINCI invests in H2 MOBILITY
- Leader of hydrogen stations in Germany
- Supporting the development of hydrogen mobility
- Closing of the Clean H2 Infra Fund
VINCI Concessions announces that it has participated in the latest financing round of H2 MOBILITY, raising €10 million alongside the Clean H2 Infra Fund, the world's first low-carbon hydrogen fund, in which the VINCI group is one of the key industrial investors. Managed by Hy24, the Clean H2 Infra Fund today celebrates its closing in presence of Xavier Huillard, Chairman and CEO of VINCI, together with other leading investors in the Fund.
H2 MOBILITY is the leader of hydrogen refueling stations for road mobility in Germany, with more than 90 stations in operation and the ambition to expand its network to 300 stations by 2030.
VINCI Concessions intends to support H2 MOBILITY's development ambitions through its subsidiary VINCI Highways, Germany's leading highway concessionnaire with a network of over 200 km in operation.
VINCI Concessions thus pursues the development of hydrogen-based solutions to help decarbonize mobility. The VINCI group is also developing its activity across the entire hydrogen value chain with initiatives such as the creation of Hyfinity, a business unit dedicated to EPC* low-carbon hydrogen projects, or the taking stake in Genvia, a company developing high-performance electrolyzers for the production of low-carbon hydrogen.
* Engineering, Procurement and Construction
About VINCI
VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general. www.vinci.com
This press release is an official information document of the VINCI Group.
PRESS CONTACT
VINCI Press Department
Tel: +33 (0)1 57 98 62 90
media.relations@vinci.com
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