World’s first hydrogen unicorn launches
United Hydrogen Limited (UHL) the world’s largest and most diversified hydrogen conglomerate, has launched with ambitions to become the world’s first hydrogen unicorn and the market leader in a sector set to be worth US$201b by 2025.
UHL will seek a listing on a suitable exchange in the second half of 2023 to execute its proven special-purpose vehicle (SPV) model at scale, which involves a systematic approach to identifying high-growth hydrogen projects and forming SPVs with technology partners to quickly unlock their value.
Over the past three years, this has seen the Company work closely with its partners to generate $600m in market capitalisation across 11 hydrogen companies, with each starting from a valuation of zero.
Additionally, UHL has had seven successful exits over the past 18 months, which delivered a $23.5m return for shareholders.