Hynion secures project funding for hydrogen refueling stations in Västerås and Jönköping

Hynion Sverige AB has secured project financing of SEK 15 million for the completion of a new generation of hydrogen refueling stations being built in Västerås and Jönköping.

Hynion Sverige AB has secured project financing of SEK 15 million: SEK 10 million from the financial institution Bizcap, which specializes in providing expansion capital to growing companies, and SEK 5 million from ALMI Företagspartner Mälardalen. This financing will be used to complete the hydrogen refueling stations being built in Västerås and Jönköping. Both stations are scheduled to be inaugurated within six months.

“The demand for hydrogen refueling stations has increased significantly in society, especially from vehicle manufacturers, fuel companies, and hauliers,” says Slavica Djuric.

Further commented, “Hynion is uniquely positioned as the only Scandinavian player with extensive experience and expertise in planning, construction, and the regulatory processes required for the commercial distribution of hydrogen for road traffic. We have a strong and growing project portfolio for hydrogen refueling stations at strategic locations in Sweden and Norway. Both Västerås and Jönköping are locations where access to hydrogen on a commercial scale has long been a stated desire from many major players. With this financing, we can now meet this need and drive the transition to sustainable transport solutions.”