Hy24 is the world’s first true clean hydrogen infrastructure investment platform.

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Who we are

Hy24 is a joint venture between Ardian, Europe’s largest private investment house with managed assets of c. $114 billion, and FiveT Hydrogen, a new investment manager specialized purely on clean hydrogen investments. We combine Ardian’s premier infrastructure fund management record with FiveT’s unparalleled hydrogen expertise and network. We will scale up the global hydrogen economy through first-mover investment opportunities perfectly aligned with the universal ESG agenda.

€600m

track record of investments in clean hydrogen projects

€1bn

of allocations for the 'Clean H2 Infra Fund'

10,000t

of expected CO2 savings over 10 years per M€ AUM from Hy24’s projects

35x

development activity stimulated by every € invested

Ambition

Hy24 will fund the realisation of hydrogen’s global potential as the low carbon energy vector by supporting those infrastructure projects which will deliver the greatest positive returns.

To reach Net Zero by 2050, the world needs power from molecules as well as electrons. Renewables will provide the electrons and produce the Hydrogen. Hydrogen is the clean energy vector that will enable to substitute carbon rich energy uses in hard to abate sectors. It is the ideal energy feedstock for industrial processes, heavy and intensive mobility powering, and the perfect vector to move energy from its production source through space and time.

Hy24 will provide financial capital to fund credible, large-scale green hydrogen infrastructure projects world-wide. We will drive the essential scale-up of the hydrogen economy through our selective support of both supply- and demand-generative projects.

With a keen insistence on respect of the highest Environmental, Social and Governance principles, sustainable investment in accordance with stringent European regulation is a core Hy24 characteristic. On this we will not compromise.

Hy24 will be frontrunner in the funding of sustainable hydrogen infrastructure projects around the world.

Investment Strategy

Projects which make a lasting impact on the environment and society.

Through investments in large-scale infrastructure for the production, storage, and distribution of clean hydrogen, Hy24 will be a key enabler of decarbonization, particularly in the spheres of industry and mobility. We will support hydrogen projects in any country with a strong state support program, with a preference for minority investments in greenfield projects. We will participate in opportunities at any point on the hydrogen value chain, from upstream through mid- and down-stream, based on six focus areas to deliver strong, sustainable infrastructure returns from projects which make a lasting impact on the environment and society.

Key People

Hy24’s executive management brings together several of Europe’s most seasoned individuals in the fields of infrastructure investment and hydrogen finance. Together they offer investors more than a century of experience in the sector.

Pierre-Etienne Franc

Chief Executive Officer and Chairman of the IC

Laurent Fayollas

President of the Supervisory Board

Amir Sharifi

Chief Investment Officer

Sébastien Paillat

Managing Director – Investments

Dr. Nicolas Brahy

General counsel, public affairs and ESG Director

News

Read the latest news from Hy24, and explore the insights of our executive leadership.

News

Press release: Accelerated expansion of H2-refuelling infrastructure: H2 MOBILITY Deutschland moves ahead with €110m investment plan and Hy24 managed fund as a new financial shareholder

H2 MOBILITY Deutschland announces today a €110m investment round, provided by Hy24, alongside significant investments from existing industrial shareholders.

News

Press release: Hy24 and Enagás partner to accelerate development of green hydrogen economy

Hy24 has signed an agreement with Enagás, the Spanish energy infrastructure company, to become a shareholder in Enagás Renovable to accelerate the development of its leading renewable-to-gas platform.

News

Press release: Hy24, Mirova, CDPQ and Technip Energies join forces to make record €200 million investment in green hydrogen pioneer Hy2gen AG

The capital will be used for the construction of facilities in several geographies including Europe, producing green hydrogen-based fuels – or “e-fuels” – for maritime and ground transport, aviation and industrial applications.

Our Shareholders

Hy24 is a joint venture between Europe’s largest private investment house and the world’s first pure-play clean hydrogen investment manager


Ardian is a world-leading private investment house with assets of US$114bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base. Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world. Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 750 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of more than 1,200 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

Follow @Ardian on Twitter
www.ardian.com

 

FiveT Hydrogen is the world’s first pureplay clean-hydrogen private investment and asset managment platform. Its mission is to enable the foundation of the hydrogen economy through the development of various large Hydrogen investment initiatives, starting with infrastructure and the Clean H2 Fund jointly developed now within Hy24, with ARDIAN. FiveT Hydrogen was launched by an experienced team of world-class hydrogen and financial executives and is dedicated to enabling the Hydrogen economy to deliver its full potential. We believe that clean hydrogen – an energy carrier created with close to zero carbon-emissions – will transform and decarbonize the world’s economy, creating a material value-creation opportunity.

Follow FiveT Hydrogen on LinkedIn
www.fivet.com

Contact

If you’d like to invest in the green hydrogen economy, we’d be delighted to hear from you.