(PRESS RELEASE) PARIS, 11-Oct-2022 — /EuropaWire/ — VINCI (EPA: DG), a global player in concessions, energy and construction businesses active in nearly 120 countries, has announced its investment in H2 MOBILITY, a leader of hydrogen refueling stations in Germany. The company has joined the startup’s latest EUR 10 million funding round along with Clean H2 Infra Fund, the world’s first low-carbon hydrogen fund.
H2 MOBILITY is the leader of hydrogen refueling stations for road mobility in Germany, with more than 90 stations in operation and the ambition to expand its network to 300 stations by 2030.
VINCI Concessions intends to support H2 MOBILITY’s development ambitions through its subsidiary VINCI Highways, Germany’s leading highway concessionnaire with a network of over 200 km in operation. It’s the first investment of VINCI Concessions in hydrogen-powered road mobility, following several projects launched in recent months by VINCI Airports in France (Lyon-Saint Exupéry airport), Chile (Santiago airport), Japan (Kansai airports) and Portugal.
This investment is part of the VINCI group’s approach to developing its activity across the entire hydrogen value chain with initiatives such as the creation of Hyfinity, a business unit dedicated to EPC* low-carbon hydrogen projects, or the taking stake in Genvia, a company developing high-performance electrolyzers for the production of low-carbon hydrogen.
About VINCI Concessions
VINCI Concessions is an international player in transport infrastructure. We leverage our integrated model to design, finance, build, operate and maintain some 80 airports, motorways and rail projects in 23 countries, through our subsidiaries VINCI Airports, VINCI Highways and VINCI Railways. We are committed to shared growth with regions, and are actively making mobility ever more sustainable, efficient and innovative.
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SOURCE: VINCI Concessions