Our shareholders
Hy24 is a joint venture between Europe’s largest private investment house Ardian, and the world’s first pure play low-carbon hydrogen investment and asset manager FiveT Hydrogen. Hy24, through its funds, supports the rollout of low-carbon hydrogen and its derivatives—e-methanol, e-SAF, and green ammonia—molecules that are essential for decarbonizing industries and sectors that cannot be electrified.

An unrivalled investment expertise
Ardian is a world-leading private investment house, managing or advising $174bn across Europe, the Americas, Asia and Middle East. 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 1,050 employees working from seventeen offices across Europe, the Americas, Asia and the Middle East. It manages funds on behalf of more than 1,470 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.
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A unique industrial experience
FiveT Hydrogen is a pure-play private investment and asset management platform focused on low-carbon hydrogen. Launched by an experienced team of senior executives from the hydrogen and finance sectors, FiveT Hydrogen’s mission is to lay the foundation for the hydrogen economy by developing large-scale investment initiatives. Convinced that low-carbon hydrogen is a key lever for industrial decarbonization, the FiveT Hydrogen team has leveraged its experience delivering industrial-scale hydrogen projects and its technical expertise to co-design the “Clean Hydrogen Infrastructure” and “Clean Hydrogen Equipment” funds, now managed by Hy24.
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