Lhyfe secures €53 million in funding for green hydrogen

Lhyfe, a key player in the production of green hydrogen, has secured €53 million in financing to establish four production sites in France and Germany. This development marks a first in Europe, demonstrating increased investor confidence in green hydrogen.

The asset portfolio includes sites in Buléon and Schwäbisch Gmünd, as well as future sites in Isère and Somme, totaling 30 MW of electrolysis capacity. This financing strategy, combining debt, grants, and equity, aims to support Lhyfe's industrial expansion.

This transaction brings together Edmond de Rothschild Asset Management, Triodos Bank, and Sienna Investment Managers, with bridge financing from BPCE. It illustrates the growing interest among financial players in green hydrogen, which is crucial for the European energy transition.