Metacon and PERIC cooperate; JBIC participates in Clean H2 Infra Fund

Metacon, through its German subsidiary Metacon GmbH, has entered into a cooperation agreement with PERIC Hydrogen Technologies Co., Ltd for supplying a Metacon range of Hydrogen Refuelling Stations (HRS) in Europe, including EU, EFTA and UK.

Under the agreement, Metacon will source PERIC’s versatile and proven range of hydrogen refuelling solutions and equipment. During the latest winter Olympics in Beijing, PERIC was a lead partner for providing refuelling capacity to the 800 hydrogen buses servicing the Olympic games.

Metacon offers system solutions for hydrogen production through electrolysis, a large and globally growing area for small and large-scale production of green hydrogen. PERIC Hydrogen Technologies Co., Ltd is a wholly-owned subsidiary of the Purification Equipment Research Institute of CISC and headquartered in Handan City, Hebei Province, China.

Japan Bank for International Cooperation (JBIC) to participate in Clean H2 Infra Fund

The Japan Bank for International Cooperation (JBIC) signed an agreement for equity participation in France’s Clean H2 Infra Fund SLP.

The Fund is targeting € 1,500 million, toward which JBIC plans to invest up to €100 million. The Fund is managed by Hy24, which is an equally owned joint venture by FiveT Hydrogen AG, an investment manager specialising purely in clean hydrogen investments, and Ardian, a world-leading private investment house, via its infrastructure activity.

The Fund will invest in clean hydrogen-related projects around the world, from upstream projects like green hydrogen production to downstream projects like captive fleet and refuelling stations. JBIC participates in the Fund under its GREEN operations.

Pierre-Etienne Franc, CEO of Hy24 said, “Hy24’s investment strategy is to deploy capital into clean hydrogen-based projects, particularly in the most advanced regions in the world.”